The Fair Share Report
281 29th St
Avalon, NJ 08085
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 $2,206,112 – $3,245,671, from 12 comparable Avalon sales in the past 18 months, at this home's 2,454 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,639,041 home should be assessed near $1,432,471.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $642,571 below what the ratio math suggests (44.9%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
19%70%
Keep quiet and enjoy it
This home's assessment ratio sits below the Avalon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 606 22ND STREET | 2025-05 | $3,125,000 | 2,470 | 40.5% |
| 859 DUNE DRIVE | 2025-09 | $2,305,000 | 2,564 | 56.4% |
| 118 28TH STREET | 2026-06 | $3,160,000 | 2,299 | 49.9% |
| 259 24TH STREET | 2025-03 | $1,780,000 | 2,539 | 47.5% |
| 4640 OCEAN DRIVE | 2025-02 | $4,750,000 | 2,588 | 33.2% |
| 128 16TH STREET | 2026-01 | $2,650,000 | 2,701 | 55.1% |
| 407 20TH STREET | 2025-10 | $3,200,000 | 2,401 | 48.2% |
| 367 21ST STREET | 2025-10 | $2,380,000 | 2,200 | 37.7% |
| 141 8TH STREET | 2026-01 | $2,500,000 | 2,540 | 55.0% |
| 256 42ND STREET | 2026-04 | $2,400,000 | 2,239 | 60.9% |
| 2003 DUNE DRIVE | 2025-01 | $1,700,000 | 2,275 | 41.8% |
| 3429 DUNE DRIVE | 2026-04 | $3,175,000 | 2,751 | 56.7% |
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