The Fair Share Report
215 Shell Rd
Carneys Point, NJ 08069
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 $226,482 – $343,821, from 12 comparable Carneys Point 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 Carneys Point assessments sit below market value — republished every October, applied town-wide. A $298,549 home should be assessed near $320,313.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,513 below what the ratio math suggests (15.8%).
Step 4 · The tax rate — same for every Carneys Point home
$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%
Step 5 · The bill
This home vs. every recent Carneys Point sale · assessed ÷ market
70%125%
Paying about right
This home's ratio lands inside Carneys Point'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 |
|---|---|---|---|---|
| 118 E DEL-A-VUE AVE | 2025-03 | $212,000 | 1,800 | 85.4% |
| 51 WASHINGTON AVE | 2026-05 | $350,000 | 1,525 | 82.2% |
| 386 MANOR AVE | 2025-09 | $200,000 | 1,416 | 124.5% |
| 15 1/2 N MILLER AVE | 2026-03 | $225,500 | 1,600 | 98.3% |
| 380 ERIE AVE | 2026-04 | $340,000 | 1,736 | 80.9% |
| 311 PINE STREET | 2026-01 | $290,000 | 1,680 | 102.3% |
| 111 LOTUS LANE | 2025-08 | $250,000 | 1,661 | 105.7% |
| 266 PENNS GROVE-AUBURN RD | 2025-05 | $260,000 | 1,305 | 67.8% |
| 243 WINTERGREEN LANE | 2026-04 | $336,000 | 1,661 | 88.1% |
| 26 MAPLEWOOD AVE | 2026-01 | $279,000 | 1,792 | 82.2% |
| 399 RALPHS LANE | 2025-03 | $299,900 | 1,684 | 86.9% |
| 277 JUSTICE DR | 2025-07 | $345,000 | 1,736 | 74.8% |
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