The Fair Share Report

262 Pine 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.

Step 1 · Market value

≈ $297,941

Likely range $223,540 – $333,813, from 12 comparable Carneys Point sales in the past 18 months (home size estimated from assessor data — range widened).

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 $297,941 home should be assessed near $319,661.

Step 3 · Assessed value

$283,800

Set at the last town-wide revaluation and mostly frozen since. That's $35,861 below what the ratio math suggests (11.2%).

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

$6,840/yr
Public schools$2,470
Salem County$2,913
Town of Carneys Point$1,456
Carneys Point average$5,838

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

Town median 90.2%
This home · 95.3%

70%132%

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
118 E DEL-A-VUE AVE2025-03$212,0001,80085.4%
380 ERIE AVE2026-04$340,0001,73680.9%
277 JUSTICE DR2025-07$345,0001,73674.8%
51 WASHINGTON AVE2026-05$350,0001,52582.2%
399 RALPHS LANE2025-03$299,9001,68486.9%
26 MAPLEWOOD AVE2026-01$279,0001,79282.2%
15 1/2 N MILLER AVE2026-03$225,5001,60098.3%
253 DIXIE DR2025-11$265,0001,45971.1%
243 WINTERGREEN LANE2026-04$336,0001,66188.1%
111 LOTUS LANE2025-08$250,0001,661105.7%
386 MANOR AVE2025-09$200,0001,416124.5%
303 PINE ST2026-02$245,0001,34668.3%

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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 →