The Fair Share Report
278 Shell Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $201,487 – $247,099, 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
The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $235,473 home should be assessed near $252,639.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,139 below what the ratio math suggests (20.6%).
Step 4 · The tax rate — same for every Carneys Point home
$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%
Step 5 · The bill
This home vs. every recent Carneys Point sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 258 H ST | 2026-06 | $185,000 | 1,248 | 108.3% |
| 289 E ST | 2025-10 | $235,000 | 1,293 | 92.4% |
| 289 C ST | 2026-01 | $225,000 | 1,104 | 81.3% |
| 253 F ST | 2025-08 | $230,000 | 1,142 | 82.4% |
| 239 E ST | 2025-09 | $190,000 | 1,118 | 98.2% |
| 241 BROADWAY | 2025-04 | $239,500 | 1,392 | 104.2% |
| 257 H ST | 2025-06 | $185,000 | 1,086 | 112.9% |
| 247 E ST | 2025-06 | $198,000 | 1,086 | 96.4% |
| 287 B ST | 2025-11 | $209,000 | 1,064 | 89.5% |
| 243 I ST | 2025-10 | $202,000 | 1,044 | 91.7% |
| 251 G ST | 2025-09 | $210,000 | 1,044 | 85.1% |
| 243 C ST | 2025-12 | $210,000 | 1,034 | 85.4% |
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