The Fair Share Report

25 Millstone Dr

Shamong, NJ 08088

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

≈ $531,091

Likely range $455,112 – $620,054, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $531,091 home should be assessed near $300,332.

Step 3 · Assessed value

$282,600

Set at the last town-wide revaluation and mostly frozen since. That's $17,732 below what the ratio math suggests (5.9%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$9,391/yr
Public schools$7,463
Burlington County$1,591
Town of Shamong$336
Shamong average$10,322

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

Town median 51.6%
This home · 53.2%

37%71%

Paying about right

This home's ratio lands inside Shamong'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 SHAWNEE TRAIL2026-03$485,0002,23658.5%
55 MILLSTONE DRIVE2025-02$525,0002,18053.4%
53 LAUREL COURT2025-04$540,0002,18251.5%
108 WINCHESTER WAY2025-01$707,0002,34747.3%
6 WINNIPEG COURT2025-09$520,0001,84842.7%
103 NANTICOKE TRAIL2025-10$700,0002,03644.8%
2 MUSKINGUM DRIVE2025-07$515,0001,81855.4%
174 TUCKERTON RD2025-03$252,0001,96396.5%
4 MILL ROAD2025-08$470,0002,44876.0%
33 MUSKINGUM DRIVE2025-09$495,0001,94155.1%
24 MUSKINGUM DRIVE2026-01$650,0002,41444.7%
24 MUSKINGUM DRIVE2025-05$482,5002,41460.3%

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 →