The Fair Share Report

263 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.

Step 1 · Market value

≈ $244,269

Likely range $228,575 – $270,683, 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 $244,269 home should be assessed near $262,076.

Step 3 · Assessed value

$228,400

Set at the last town-wide revaluation and mostly frozen since. That's $33,676 below what the ratio math suggests (12.8%).

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

$5,504/yr
Public schools$1,988
Salem County$2,344
Town of Carneys Point$1,172
Carneys Point average$5,838

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

Town median 90.2%
This home · 93.5%

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
289 E ST2025-10$235,0001,29392.4%
258 H ST2026-06$185,0001,248108.3%
241 BROADWAY2025-04$239,5001,392104.2%
135 MAGNOLIA ST2025-11$220,0001,120101.0%
253 F ST2025-08$230,0001,14282.4%
384 SPRINGFIELD AVE2025-02$273,0001,33474.0%
261 REGIONAL DR2025-04$124,0001,305147.6%
239 E ST2025-09$190,0001,11898.2%
246 DIXIE DR2025-08$225,0001,27376.0%
264 DIXIE DR2025-08$216,5001,27379.1%
69 WALKER AVE2025-09$240,0001,08686.5%
289 C ST2026-01$225,0001,10481.3%

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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 →