The Fair Share Report
2 Point Dr
Egg Harbor, NJ 08202
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 $73,083 – $117,148, from 12 comparable Egg Harbor 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 Egg Harbor assessments sit below market value — republished every October, applied town-wide. A $96,234 home should be assessed near $59,222.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $189,878 above what the ratio math suggests (320.6%).
Step 4 · The tax rate — same for every Egg Harbor home
$2.091 Schools · 62% $0.620 County · 18% $0.689 Town · 20%
Step 5 · The bill
This home vs. every recent Egg Harbor sale · assessed ÷ market
37%346%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.77%) — roughly $6,458/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2623 RIDGE AVENUE | 2025-11 | $55,000 | 410 | 66.5% |
| 2535 TREMONT AVENUE | 2026-03 | $120,000 | 616 | 61.2% |
| 11 SILVER AVENUE | 2025-12 | $120,000 | 624 | 30.6% |
| 2545 TREMONT AVENUE | 2025-08 | $240,000 | 672 | 38.1% |
| 16 WOODROW AVENUE | 2025-12 | $170,000 | 691 | 51.1% |
| 25 ROBIN ROAD | 2025-04 | $150,000 | 704 | 78.7% |
| 505 DELAWARE AVENUE | 2026-04 | $140,000 | 530 | 45.7% |
| 305 FENTON AVENUE | 2025-09 | $126,000 | 810 | 64.8% |
| 117 JEFFERSON AVENUE | 2025-02 | $175,000 | 760 | 92.5% |
| 9 COUNTRY HICKORY LANE | 2026-02 | $163,000 | 784 | 45.1% |
| 22 COUNTRY JUNIPER LANE | 2026-02 | $90,000 | 784 | 81.8% |
| 14 COUNTRY BIRCH LANE | 2025-06 | $135,000 | 784 | 54.7% |
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