The Fair Share Report

260 Shell Rd

Carneys Point, NJ 08072

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

≈ $244,112

Likely range $218,312 – $272,684, from 12 comparable Carneys Point sales in the past 18 months, at this home's 1,344 sq ft.

Step 2 · The Director's Ratio

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $244,112 home should be assessed near $261,908.

Step 3 · Assessed value

$224,900

Set at the last town-wide revaluation and mostly frozen since. That's $37,008 below what the ratio math suggests (14.1%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

Step 5 · The bill

$5,420/yr
Public schools$1,957
Salem County$2,308
Town of Carneys Point$1,154
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 92.1%

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)

AddressSoldPriceSq ftRatio
384 SPRINGFIELD AVE2025-02$273,0001,33474.0%
261 REGIONAL DR2025-04$124,0001,305147.6%
303 PINE ST2026-02$245,0001,34668.3%
246 DIXIE DR2025-08$225,0001,27376.0%
264 DIXIE DR2025-08$216,5001,27379.1%
148 DOLBOW AVE2026-03$150,0001,237114.9%
257 A ST2025-09$225,5001,06686.3%
243 J ST2025-03$160,0001,014115.8%
17 MAPLEWOOD AVE2026-03$280,8001,38481.2%
253 DIXIE DR2025-11$265,0001,45971.1%
241 BROADWAY2025-04$239,5001,392104.2%
260 JOHNSON ST2025-11$210,0001,05883.5%

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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 →