The Fair Share Report

233 65th St

Avalon, NJ 08053

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

≈ $2,875,159

Likely range $2,287,436 – $3,309,163, from 12 comparable Avalon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,875,159 home should be assessed near $1,560,636.

Step 3 · Assessed value

$1,679,100

Set at the last town-wide revaluation and mostly frozen since. That's $118,464 above what the ratio math suggests (7.6%).

Step 4 · The tax rate — same for every Avalon home

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$10,209/yr
Public schools$538
Cape May County$5,264
Town of Avalon$4,406
Avalon average$10,663

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

Town median 48.5%
This home · 58.4%

32%79%

Paying about right

This home's ratio lands inside Avalon's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
237 63RD STREET2026-04$3,000,0001,76147.2%
274 52ND STREET2025-04$2,555,2661,62339.7%
181 7TH STREET2026-06$2,800,0001,88652.3%
76 W 21ST STREET2026-02$2,699,0001,71649.4%
150 64TH STREET2026-03$8,425,0002,09279.3%
170 77TH STREET2025-05$3,700,0002,11261.3%
55 W 22ND STREET2025-10$2,500,0001,65848.0%
353 39TH ST C-W2025-09$2,400,0001,80449.8%
211 23RD STREET2025-09$1,350,0001,94738.9%
305 78TH ST C-A2025-10$1,850,0001,87239.7%
169 59TH STREET2026-06$5,250,0001,37257.4%
304 78TH ST C-A2025-12$1,795,0001,92043.8%

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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 →