The Fair Share Report

25 E 11th St

Avalon, NJ 08202

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

≈ $6,396,871

Likely range $4,907,503 – $9,431,804, 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 $6,396,871 home should be assessed near $3,472,222.

Step 3 · Assessed value

$3,750,600

Set at the last town-wide revaluation and mostly frozen since. That's $278,378 above what the ratio math suggests (8.0%).

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

$22,804/yr
Public schools$1,202
Cape May County$11,759
Town of Avalon$9,843
Avalon average$10,663

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

Town median 48.5%
This home · 58.6%

32%82%

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
5 W 32ND STREET2025-09$8,000,0004,14270.2%
161 39TH STREET2025-11$6,100,0004,18242.8%
1005 DUNE DRIVE2025-07$4,400,0003,75269.3%
7418 DUNE DRIVE2025-09$6,000,0004,21864.6%
25 W 32ND STREET2026-04$5,237,5003,79152.4%
280 36TH STREET2025-04$4,395,0003,64862.3%
313 76TH STREET2025-10$6,500,0004,37244.6%
149 10TH STREET2025-08$3,775,0003,64168.3%
121 31ST STREET2026-06$4,255,0003,88247.6%
174 17TH STREET2026-05$4,995,0003,61651.8%
74 W 38TH STREET2026-05$11,200,0003,96345.8%
281 7TH STREET2026-04$5,900,0003,69938.0%

Is this your house?

Run your own report →

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 →