The Fair Share Report

2139 Rt 9

Dennis, NJ 08210

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 Dennis's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $648,323

Likely range $383,754 – $798,380, from 12 comparable Dennis sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.28%

The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $648,323 home should be assessed near $429,708.

Step 3 · Assessed value

$348,100

Set at the last town-wide revaluation and mostly frozen since. That's $81,608 below what the ratio math suggests (19.0%).

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

$2.145 per $100 assessed

$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%

Step 5 · The bill

$7,773/yr
Public schools$5,682
Cape May County$1,149
Town of Dennis$942
Dennis average$4,091

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

Town median 58.3%
This home · 53.7%

38%99%

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

AddressSoldPriceSq ftRatio
107 W BEAVER DR2025-10$590,0002,00845.2%
131 HAGEN RD2025-12$550,0003,21976.1%
176 S RAVENWOOD DR2026-05$700,0002,78654.5%
8 KELLY CT2026-06$559,0002,30358.4%
81 HOLLY GLEN LA2026-02$315,0002,53699.4%
15 ELIZABETH LA2025-05$440,0003,01889.6%
388 KINGS HWY2025-04$600,0001,82453.7%
18 BUCKTHORN LANE2025-10$875,0003,02247.9%
2044 RT 92026-01$450,0002,16446.9%
15 DEVON CT2026-05$600,0002,00050.0%
42 ROBIN DR2025-04$449,0002,38557.9%
771 DENNISVILLE RD2025-10$500,0001,95253.9%

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