The Fair Share Report
2006 E Dr
Ventnor, NJ 08080
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Ventnor's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $377,414 – $1,014,120, from 12 comparable Ventnor 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 Ventnor assessments sit below market value — republished every October, applied town-wide. A $626,069 home should be assessed near $310,155.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,455 below what the ratio math suggests (5.3%).
Step 4 · The tax rate — same for every Ventnor home
$0.806 Schools · 29% $0.740 County · 26% $1.277 Town · 45%
Step 5 · The bill
This home vs. every recent Ventnor sale · assessed ÷ market
23%83%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 400 BERKSHIRE DRIVE | 2025-07 | $425,000 | 1,576 | 36.8% |
| 1A N NASHVILLE AVE | 2026-05 | $950,000 | 1,600 | 43.6% |
| 6324 VILLA COURT | 2025-04 | $572,184 | 2,013 | 66.2% |
| 5200 BOARDWALK | 2025-10 | $782,500 | 1,510 | 57.0% |
| 5200 BOARDWALK | 2025-07 | $698,000 | 1,510 | 36.4% |
| 5200 BOARDWALK | 2025-04 | $698,204 | 1,810 | 38.6% |
| 420 BERKSHIRE DRIVE | 2026-04 | $465,000 | 1,600 | 46.7% |
| 420 BERKSHIRE DRIVE | 2025-05 | $420,800 | 1,600 | 51.6% |
| 3 N VASSAR SQUARE | 2025-11 | $750,000 | 1,482 | 36.7% |
| 819 N SURREY AVE | 2025-08 | $430,000 | 1,806 | 54.9% |
| 22 S AVOLYN AVE | 2025-01 | $425,000 | 1,561 | 57.1% |
| 6114 CALVERT AVE | 2026-03 | $997,000 | 1,343 | 32.5% |
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