The Fair Share Report
20 E Henry St
Palmyra, NJ 08065
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 $238,615 – $331,515, from 12 comparable Palmyra 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 Palmyra assessments sit below market value — republished every October, applied town-wide. A $258,850 home should be assessed near $141,280.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,820 above what the ratio math suggests (18.3%).
Step 4 · The tax rate — same for every Palmyra home
$2.549 Schools · 56% $0.578 County · 13% $1.461 Town · 32%
Step 5 · The bill
This home vs. every recent Palmyra sale · assessed ÷ market
37%75%
Paying about right
This home's ratio lands inside Palmyra'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 |
|---|---|---|---|---|
| 726 PENNSYLVANIA AVE | 2026-03 | $360,000 | 1,344 | 48.1% |
| 3404 EBBTIDE LANE | 2026-04 | $317,000 | 1,376 | 49.9% |
| 208 QUAY CT | 2025-02 | $282,000 | 1,376 | 56.1% |
| 111 TEMPLE BLVD | 2025-10 | $335,000 | 1,304 | 49.6% |
| 2126 HARBOUR DRIVE | 2026-02 | $239,000 | 1,426 | 57.7% |
| 3059 HARBOUR DRIVE | 2026-01 | $265,000 | 1,426 | 52.1% |
| 1107 HARBOUR DRIVE | 2025-12 | $249,000 | 1,426 | 55.4% |
| 2052 HARBOUR DRIVE | 2025-12 | $262,000 | 1,426 | 51.6% |
| 1130 HARBOUR DRIVE | 2025-09 | $210,000 | 1,426 | 64.3% |
| 2054 HARBOUR DRIVE | 2025-08 | $242,000 | 1,426 | 57.3% |
| 2001 HARBOUR DRIVE | 2025-07 | $260,000 | 1,426 | 53.1% |
| 1503 LAKESIDE DRIVE | 2025-06 | $290,000 | 1,308 | 55.3% |
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