The Fair Share Report

1908 N Ave

Commercial, NJ 08080

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

≈ $217,864

Likely range $110,880 – $261,458, from 12 comparable Commercial sales in the past 18 months, at this home's 1,584 sq ft.

Step 2 · The Director's Ratio

80.53%

The state's official measure of how far Commercial assessments sit below market value — republished every October, applied town-wide. A $217,864 home should be assessed near $175,446.

Step 3 · Assessed value

$131,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,646 below what the ratio math suggests (24.9%).

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

$2.755 per $100 assessed

$0.905 Schools · 33% $1.146 County · 42% $0.704 Town · 26%

Step 5 · The bill

$3,767/yr
Public schools$1,238
Cumberland County$1,567
Town of Commercial$963
Commercial average$3,016

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

Town median 63.1%
This home · 60.5%

41%145%

Paying about right

This home's ratio lands inside Commercial'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
2400 MAURICE ST2025-09$338,0001,73646.5%
2533 HIGH ST2025-09$112,0001,600109.4%
244 OPAL RD2025-10$259,9001,58829.4%
9516 HIGHLAND ST2026-03$240,0001,45475.8%
6702 ROBBINS AVE2026-03$73,0001,560120.8%
2406 MARKET ST2025-10$135,0001,54498.5%
6610 BROWN ST2025-04$302,0001,52462.6%
1752 MAIN ST2025-05$75,0001,932184.1%
6119 QUAIL DRIVE2025-12$220,0001,54859.5%
2510 HIGH ST2025-01$272,0001,66065.7%
321 FERN ROAD2026-04$280,0001,44047.6%
340 ROBIN RD2025-12$85,0001,325128.8%

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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 →