The Fair Share Report

212 E Ave

Pitman, NJ 08071

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

≈ $415,314

Likely range $330,069 – $494,451, from 12 comparable Pitman sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

73.31%

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $415,314 home should be assessed near $304,467.

Step 3 · Assessed value

$268,700

Set at the last town-wide revaluation and mostly frozen since. That's $35,767 below what the ratio math suggests (11.7%).

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

$3.595 per $100 assessed

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

Step 5 · The bill

$9,662/yr
Public schools$5,615
Gloucester County$1,564
Town of Pitman$2,483
Pitman average$8,619

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

Town median 64.2%
This home · 64.7%

49%90%

Paying about right

This home's ratio lands inside Pitman'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
130 WALNUT AVE2025-02$270,0001,881113.9%
334 WESLEY AVE2025-12$335,0002,30468.1%
300 POPLAR AVE2025-07$465,0002,40471.5%
300 POPLAR AVE2025-03$380,0002,40487.5%
250 CLEVELAND AVE2025-12$461,0002,39471.4%
429 BOULEVARD AVE2025-06$400,0001,91957.7%
319 COLUMBIA AVE2025-06$494,0002,11861.3%
234 CRAFTON AVE2025-04$480,0002,00564.5%
534 WAYNE AVE2025-11$412,5002,05264.8%
55 KENTON AVE2026-02$480,0002,13562.1%
18 SENECA AVE2025-04$485,0001,78658.7%
128 OAKCREST AVE2025-11$410,0001,71162.5%

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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 →