The Fair Share Report

214 W 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

≈ $368,154

Likely range $337,259 – $384,393, from 12 comparable Pitman sales in the past 18 months, at this home's 1,618 sq ft.

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 $368,154 home should be assessed near $269,894.

Step 3 · Assessed value

$278,900

Set at the last town-wide revaluation and mostly frozen since. That's $9,006 above what the ratio math suggests (3.3%).

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

$10,029/yr
Public schools$5,828
Gloucester County$1,624
Town of Pitman$2,578
Pitman average$8,619

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

Town median 64.2%
This home · 75.8%

50%90%

A touch high — worth watching

This home's ratio sits above most of Pitman, but doesn't clear NJ's legal appeal line (84.31%).

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

AddressSoldPriceSq ftRatio
103 MYRTLE AVE2025-04$332,5001,56355.2%
51 SIMPSON AVE2025-06$309,0001,33874.0%
34 EVERGREEN AVE2025-10$245,0001,52888.4%
61 WEST AVE2025-06$225,0001,76476.7%
116 WEST AVE2026-06$325,0001,36862.3%
429 BOULEVARD AVE2025-06$400,0001,91957.7%
215 BOULEVARD AVE2026-05$350,0001,43658.5%
128 OAKCREST AVE2025-11$410,0001,71162.5%
43 HIGHLAND TER2025-09$314,0001,38056.3%
223 EAST AVE2025-04$310,5001,47056.9%
21 EAST AVE2025-11$285,9001,22356.1%
19 LAUREL AVE2025-06$337,0001,32656.3%

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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 →