The Fair Share Report
220 Mill Rd
Absecon, NJ 08201
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 $308,514 – $398,506, from 12 comparable Absecon 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 Absecon assessments sit below market value — republished every October, applied town-wide. A $377,119 home should be assessed near $236,718.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,318 below what the ratio math suggests (20.4%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon'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 |
|---|---|---|---|---|
| 922 SEASIDE AVE | 2025-07 | $370,000 | 1,740 | 49.5% |
| 125 MEADOWVIEW AVE | 2025-02 | $375,000 | 1,646 | 42.1% |
| 11 LISBON AVE | 2026-03 | $285,000 | 1,777 | 63.0% |
| 1110 BREAKERS AVE | 2026-02 | $365,000 | 1,552 | 59.1% |
| 703 BREAKERS AVE | 2025-08 | $345,000 | 1,536 | 53.4% |
| 108 VASSAR SQUARE | 2025-04 | $407,900 | 1,710 | 52.8% |
| 801 NEW YORK AVE | 2025-08 | $449,000 | 1,792 | 48.2% |
| 234 HURON AVE | 2025-01 | $299,000 | 1,617 | 57.1% |
| 718 BLENHEIM AVE | 2025-09 | $419,000 | 1,800 | 50.0% |
| 9 CORDOVA DR | 2025-07 | $395,100 | 1,501 | 40.3% |
| 1107 BREAKERS AVE | 2025-05 | $390,000 | 1,904 | 51.4% |
| 1104 BREAKERS AVE | 2025-01 | $330,000 | 1,461 | 56.8% |
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