The Fair Share Report

211 14th St

Avalon, NJ 08033

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.

Step 1 · Market value

≈ $2,913,013

Likely range $2,476,342 – $3,449,434, from 12 comparable Avalon sales in the past 18 months, at this home's 2,524 sq ft.

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,913,013 home should be assessed near $1,581,183.

Step 3 · Assessed value

$1,157,700

Set at the last town-wide revaluation and mostly frozen since. That's $423,483 below what the ratio math suggests (26.8%).

Step 4 · The tax rate — same for every Avalon home

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$7,039/yr
Public schools$371
Cape May County$3,630
Town of Avalon$3,038
Avalon average$10,663

This home vs. every recent Avalon sale · assessed ÷ market

Town median 48.5%
This home · 39.7%

28%70%

Paying about right

This home's ratio lands inside Avalon's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
141 8TH STREET2026-01$2,500,0002,54055.0%
178 37TH STREET2025-10$3,500,0002,56147.2%
259 24TH STREET2025-03$1,780,0002,53947.5%
162 33RD STREET2026-03$3,260,0002,57451.0%
859 DUNE DRIVE2025-09$2,305,0002,56456.4%
606 22ND STREET2025-05$3,125,0002,47040.5%
58 E 15TH STREET2026-03$4,595,0002,49544.2%
83 E 13TH STREET2026-02$6,500,0002,75368.1%
273 7TH STREET2025-11$2,600,0002,32043.3%
138 8TH STREET2025-10$2,450,0002,77555.4%
128 16TH STREET2026-01$2,650,0002,70155.1%
954 AVALON AVENUE2026-03$3,940,0002,84847.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →