The Fair Share Report
228 Shell Rd
Commercial, NJ 08332
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 $95,526 – $201,923, from 12 comparable Commercial sales in the past 18 months, at this home's 924 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Commercial assessments sit below market value — republished every October, applied town-wide. A $170,363 home should be assessed near $137,193.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,193 below what the ratio math suggests (38.0%).
Step 4 · The tax rate — same for every Commercial home
$0.905 Schools · 33% $1.146 County · 42% $0.704 Town · 26%
Step 5 · The bill
This home vs. every recent Commercial sale · assessed ÷ market
37%145%
Paying about right
This home's ratio lands inside Commercial'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 |
|---|---|---|---|---|
| 115 ROBIN RD | 2025-08 | $177,000 | 960 | 63.1% |
| 7194 SAMUEL DRIVE | 2025-08 | $55,000 | 968 | 139.4% |
| 5211 MAGNOLIA DR | 2025-11 | $232,000 | 960 | 53.2% |
| 434 BEGONIA ROAD | 2025-11 | $189,000 | 1,116 | 29.1% |
| 7079 CHARLES PLACE | 2025-01 | $80,000 | 888 | 140.3% |
| 110 DAFFODIL RD | 2026-01 | $187,500 | 858 | 66.2% |
| 7305 SAMUEL DRIVE | 2025-04 | $110,000 | 1,064 | 90.4% |
| 421 EVERGREEN RD | 2025-05 | $200,000 | 1,040 | 59.3% |
| 1314 SPRING GARDEN RD | 2026-02 | $46,300 | 954 | 159.2% |
| 416 LARK ROAD | 2025-10 | $235,000 | 1,152 | 49.5% |
| 118 ROBIN ROAD | 2026-06 | $167,500 | 700 | 61.2% |
| 7737 RAYMOND DRIVE | 2025-11 | $191,999 | 896 | 51.2% |
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