The Fair Share Report

185 Stokes Rd

Shamong, NJ 08088

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $672,076

Likely range $604,070 – $788,214, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $672,076 home should be assessed near $380,059.

Step 3 · Assessed value

$347,500

Set at the last town-wide revaluation and mostly frozen since. That's $32,559 below what the ratio math suggests (8.6%).

Step 4 · The tax rate — same for every Shamong home

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$11,541/yr
Public schools$9,172
Burlington County$1,955
Town of Shamong$413
Shamong average$10,322

This home vs. every recent Shamong sale · assessed ÷ market

Town median 51.6%
This home · 51.7%

37%71%

Paying about right

This home's ratio lands inside Shamong's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
22 WESICKAMAN DRIVE2025-08$830,0002,72850.9%
5 SHAWNEE TRAIL2026-03$485,0002,23658.5%
6 STOWE DRIVE2025-05$977,7902,77039.7%
108 WINCHESTER WAY2025-01$707,0002,34747.3%
126 WHARTON COURT2025-06$737,5002,59247.6%
26 TUCKERTON ROAD2026-04$610,0002,55051.6%
236 INDIAN MILLS RD2025-07$689,9002,63254.5%
9 LANE OF ACRES2025-01$750,0002,94657.3%
4 MILL ROAD2025-08$470,0002,44876.0%
119 MOHAWK TRAIL2025-09$710,0003,17952.8%
128 WILLOW GROVE RD2025-07$949,9003,16048.7%
2 PACKENAH TRAIL2026-04$760,0003,02046.4%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →