The Fair Share Report
248 E St
Carneys Point, NJ 08069
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 $186,363 – $222,186, from 12 comparable Carneys Point sales in the past 18 months, at this home's 1,094 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $214,893 home should be assessed near $230,559.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,259 below what the ratio math suggests (21.8%).
Step 4 · The tax rate — same for every Carneys Point home
$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%
Step 5 · The bill
This home vs. every recent Carneys Point sale · assessed ÷ market
70%124%
Paying about right
This home's ratio lands inside Carneys Point'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 |
|---|---|---|---|---|
| 247 E ST | 2025-06 | $198,000 | 1,086 | 96.4% |
| 257 H ST | 2025-06 | $185,000 | 1,086 | 112.9% |
| 239 E ST | 2025-09 | $190,000 | 1,118 | 98.2% |
| 289 C ST | 2026-01 | $225,000 | 1,104 | 81.3% |
| 287 B ST | 2025-11 | $209,000 | 1,064 | 89.5% |
| 243 I ST | 2025-10 | $202,000 | 1,044 | 91.7% |
| 251 G ST | 2025-09 | $210,000 | 1,044 | 85.1% |
| 243 C ST | 2025-12 | $210,000 | 1,034 | 85.4% |
| 253 F ST | 2025-08 | $230,000 | 1,142 | 82.4% |
| 252 G ST | 2026-05 | $240,000 | 1,014 | 81.1% |
| 239 J ST | 2026-02 | $195,000 | 1,014 | 80.2% |
| 327 LAFAYETTE RD | 2026-01 | $285,000 | 1,022 | 74.8% |
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