The Fair Share Report

197 Sassi Rd

Carneys Point, NJ 08067

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

≈ $198,259

Likely range $160,550 – $221,637, from 12 comparable Carneys Point sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $198,259 home should be assessed near $212,712.

Step 3 · Assessed value

$185,300

Set at the last town-wide revaluation and mostly frozen since. That's $27,412 below what the ratio math suggests (12.9%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

This home's own bill implies $2.140 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,966/yr
Public schools$1,432
Salem County$1,689
Town of Carneys Point$845
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 93.5%

70%124%

Paying about right

This home's ratio lands inside Carneys Point'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
303 S GOLFWOOD AVE2025-12$251,0001,00871.3%
272 S GOLFWOOD AVE2025-04$200,000919103.7%
104 WISTERIA LANE2026-02$240,00095078.4%
410 ERIE AVE2025-12$225,00096085.6%
377 IVES AVE2026-06$177,0001,008119.2%
2 N MILLER AVE2025-04$148,000896122.9%
759 W QUILLEYTOWN ROAD2025-07$250,0001,444103.0%
1 SIMPSON LANE2025-09$165,000900100.2%
260 JOHNSON ST2025-11$210,0001,05883.5%
167 DOLBOW AVE2025-11$265,0001,20070.7%
121 ASH ST2026-01$215,00090098.1%
121 ASH ST2025-10$100,000900210.9%

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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 →