The Fair Share Report
24 Grandview Ave
Pitman, NJ 08071
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 $325,620 – $486,342, from 12 comparable Pitman 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 Pitman assessments sit below market value — republished every October, applied town-wide. A $390,724 home should be assessed near $286,440.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,040 below what the ratio math suggests (5.9%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
50%90%
Paying about right
This home's ratio lands inside Pitman'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 |
|---|---|---|---|---|
| 130 WALNUT AVE | 2025-02 | $270,000 | 1,881 | 113.9% |
| 300 POPLAR AVE | 2025-07 | $465,000 | 2,404 | 71.5% |
| 300 POPLAR AVE | 2025-03 | $380,000 | 2,404 | 87.5% |
| 429 BOULEVARD AVE | 2025-06 | $400,000 | 1,919 | 57.7% |
| 234 CRAFTON AVE | 2025-04 | $480,000 | 2,005 | 64.5% |
| 250 CLEVELAND AVE | 2025-12 | $461,000 | 2,394 | 71.4% |
| 319 COLUMBIA AVE | 2025-06 | $494,000 | 2,118 | 61.3% |
| 334 WESLEY AVE | 2025-12 | $335,000 | 2,304 | 68.1% |
| 129 MAGNOLIA AVE | 2025-07 | $375,000 | 1,960 | 70.7% |
| 18 SENECA AVE | 2025-04 | $485,000 | 1,786 | 58.7% |
| 534 WAYNE AVE | 2025-11 | $412,500 | 2,052 | 64.8% |
| 128 OAKCREST AVE | 2025-11 | $410,000 | 1,711 | 62.5% |
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