The Fair Share Report
2 Erial Rd
Clementon, NJ 08021
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $183,364 – $319,907, from 12 comparable Clementon sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Clementon assessments sit below market value — republished every October, applied town-wide. A $218,689 home should be assessed near $136,462.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,038 above what the ratio math suggests (24.2%).
Step 4 · The tax rate — same for every Clementon home
$1.916 Schools · 40% $0.907 County · 19% $1.953 Town · 41%
Step 5 · The bill
This home vs. every recent Clementon sale · assessed ÷ market
30%98%
Paying about right
This home's ratio lands inside Clementon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 218 LAKE AVE | 2026-01 | $153,000 | 1,788 | 102.9% |
| 218 LAKE AVE | 2026-01 | $205,000 | 1,788 | 76.8% |
| 24 ERIAL RD | 2025-05 | $182,500 | 1,728 | 71.1% |
| CENTRAL AVE | 2025-09 | $310,000 | 1,824 | 58.1% |
| 29 LINCOLN AVE | 2026-04 | $287,000 | 1,665 | 49.2% |
| 104 DELAWARE AVE | 2025-03 | $300,000 | 1,920 | 54.8% |
| 36 ATLANTIC AVE | 2025-10 | $200,000 | 1,969 | 76.8% |
| 12 HOFFMAN AVE | 2025-05 | $290,000 | 1,742 | 64.1% |
| 61 FRANKLIN AVE | 2025-07 | $320,000 | 1,740 | 53.1% |
| 26 ELM AVE | 2025-04 | $250,000 | 2,060 | 52.8% |
| 216 GARFIELD AVE | 2025-06 | $262,500 | 2,128 | 53.6% |
| 44 HIGHLAND AVE | 2026-05 | $180,000 | 1,440 | 79.0% |
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