The Fair Share Report
2003 Dune Dr
Avalon, NJ 08055
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 $2,214,395 – $3,363,575, from 12 comparable Avalon sales in the past 18 months, at this home's 2,275 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,760,364 home should be assessed near $1,498,326.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $787,026 below what the ratio math suggests (52.5%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
16%70%
Keep quiet and enjoy it
This home's assessment ratio sits below the Avalon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 223 24TH STREET | 2025-07 | $2,650,000 | 2,294 | 45.3% |
| 407 20TH STREET | 2025-10 | $3,200,000 | 2,401 | 48.2% |
| 267 35TH STREET | 2025-06 | $1,950,000 | 2,191 | 44.4% |
| 420 24TH STREET | 2026-04 | $2,297,500 | 2,153 | 34.1% |
| 8 E 27TH STREET | 2026-05 | $3,900,000 | 2,299 | 59.8% |
| 694 22ND STREET | 2025-10 | $3,300,000 | 2,232 | 73.1% |
| 6801 OCEAN DRIVE | 2025-03 | $2,320,000 | 2,027 | 47.8% |
| 606 22ND STREET | 2025-05 | $3,125,000 | 2,470 | 40.5% |
| 364 41ST STREET | 2025-07 | $1,900,000 | 1,952 | 41.2% |
| 2025 DUNE DRIVE | 2025-09 | $1,500,000 | 1,820 | 44.5% |
| 315 79TH STREET | 2026-03 | $2,400,000 | 1,978 | 36.9% |
| 885 21ST STREET | 2025-11 | $3,775,000 | 2,499 | 54.6% |
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