The Fair Share Report

269 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

≈ $303,381

Likely range $279,339 – $341,198, 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 $303,381 home should be assessed near $325,497.

Step 3 · Assessed value

$255,000

Set at the last town-wide revaluation and mostly frozen since. That's $70,497 below what the ratio math suggests (21.7%).

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

$6,146/yr
Public schools$2,219
Salem County$2,617
Town of Carneys Point$1,309
Carneys Point average$5,838

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

Town median 90.2%
This home · 84.1%

69%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
241 BROADWAY2025-04$239,5001,392104.2%
258 H ST2026-06$185,0001,248108.3%
289 E ST2025-10$235,0001,29392.4%
26 MAPLEWOOD AVE2026-01$279,0001,79282.2%
253 F ST2025-08$230,0001,14282.4%
239 E ST2025-09$190,0001,11898.2%
257 H ST2025-06$185,0001,086112.9%
289 C ST2026-01$225,0001,10481.3%
247 E ST2025-06$198,0001,08696.4%
287 B ST2025-11$209,0001,06489.5%
243 I ST2025-10$202,0001,04491.7%
251 G ST2025-09$210,0001,04485.1%

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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 →