The Fair Share Report
222 Third Ave
Mount Ephraim, NJ 08059
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 $188,312 – $308,348, from 12 comparable Mount Ephraim sales in the past 18 months, at this home's 933 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Ephraim assessments sit below market value — republished every October, applied town-wide. A $281,844 home should be assessed near $158,255.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,555 below what the ratio math suggests (26.3%).
Step 4 · The tax rate — same for every Mount Ephraim home
$2.621 Schools · 49% $0.961 County · 18% $1.766 Town · 33%
This home's own bill implies $6.353 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Mount Ephraim sale · assessed ÷ market
32%76%
Paying about right
This home's ratio lands inside Mount Ephraim'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 |
|---|---|---|---|---|
| 607 WINTHROP AVE | 2025-08 | $270,000 | 841 | 40.7% |
| 515 GARFIELD AVE | 2025-09 | $220,000 | 894 | 52.0% |
| 202 SIXTH AVE | 2025-02 | $379,000 | 774 | 31.0% |
| 248 JAMES ST | 2026-04 | $335,000 | 1,084 | 37.9% |
| 248 JAMES ST | 2025-07 | $150,000 | 1,084 | 84.7% |
| 15 E BUCKINGHAM AVE | 2025-05 | $305,000 | 883 | 45.7% |
| 627 GREEN AVE | 2025-09 | $310,000 | 938 | 40.2% |
| 28 JEFFERSON AVE | 2025-10 | $220,000 | 1,090 | 55.5% |
| 225 FOURTH AVE | 2025-07 | $360,000 | 1,214 | 37.3% |
| 53 VALLEY RD | 2025-10 | $275,000 | 888 | 44.2% |
| 850 MARKET ST | 2025-09 | $192,500 | 1,160 | 67.9% |
| 850 MARKET ST | 2025-09 | $155,000 | 1,160 | 84.3% |
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