The Fair Share Report
211 Pine Ave
Salem, NJ 08079
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 $81,191 – $285,821, from 12 comparable Salem 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 Salem assessments sit below market value — republished every October, applied town-wide. A $208,943 home should be assessed near $104,095.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,495 below what the ratio math suggests (13.9%).
Step 4 · The tax rate — same for every Salem home
$2.297 Schools · 27% $2.023 County · 23% $4.308 Town · 50%
Step 5 · The bill
This home vs. every recent Salem sale · assessed ÷ market
19%116%
Paying about right
This home's ratio lands inside Salem'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 |
|---|---|---|---|---|
| 10 DELAWARE DR | 2026-05 | $342,500 | 2,392 | 37.2% |
| 414 GRIEVES PARKWAY | 2026-05 | $85,000 | 1,976 | 78.0% |
| 164 N UNION ST | 2025-09 | $199,000 | 1,516 | 35.6% |
| 167 COOK AVE | 2025-12 | $110,000 | 1,849 | 54.5% |
| 176 COOK AVE | 2026-03 | $160,000 | 1,713 | 36.0% |
| 90 YORKE ST | 2026-04 | $130,000 | 1,308 | 53.1% |
| 194 SEVENTH ST | 2025-10 | $73,322 | 2,151 | 88.8% |
| 18 MARKET ST | 2026-04 | $235,870 | 1,546 | 25.0% |
| 326 E BROADWAY | 2025-05 | $130,000 | 2,544 | 41.8% |
| 10 DAVIS AVE | 2026-02 | $249,900 | 2,361 | 29.8% |
| 175 NINTH ST | 2026-04 | $195,000 | 1,776 | 30.1% |
| 153 SEVENTH ST | 2025-04 | $130,000 | 2,341 | 18.2% |
Is this your house?
Run your own report →