The Fair Share Report
288 Cornwall Dr
Woolwich, 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 $592,598 – $679,273, from 12 comparable Woolwich 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 Woolwich assessments sit below market value — republished every October, applied town-wide. A $646,551 home should be assessed near $415,991.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,891 below what the ratio math suggests (3.8%).
Step 4 · The tax rate — same for every Woolwich home
$2.090 Schools · 62% $0.706 County · 21% $0.580 Town · 17%
Step 5 · The bill
This home vs. every recent Woolwich sale · assessed ÷ market
48%79%
Paying about right
This home's ratio lands inside Woolwich'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 |
|---|---|---|---|---|
| 2 SWEETGUM ST | 2025-08 | $600,000 | 2,699 | 66.4% |
| 157 MERSEYSIDE DR | 2025-09 | $639,000 | 2,708 | 71.7% |
| 180 CAMBRIDGE BLVD | 2025-12 | $730,000 | 2,995 | 66.5% |
| 226 AMESBURY BLVD | 2025-09 | $580,000 | 2,651 | 63.3% |
| 119 NORWICH ST | 2025-10 | $625,000 | 2,526 | 70.9% |
| 227 MERSEYSIDE DR | 2026-03 | $638,000 | 2,526 | 66.4% |
| 193 YORKTOWN RD | 2026-05 | $670,000 | 2,736 | 50.0% |
| 330 TAFT DR | 2025-12 | $580,000 | 2,651 | 59.0% |
| 114 SARATOGA LN | 2025-11 | $615,000 | 2,724 | 53.3% |
| 3 LOCUST LN | 2025-03 | $530,000 | 2,790 | 61.5% |
| 19 COTTONWOOD RD | 2025-09 | $580,000 | 2,418 | 59.6% |
| 201 WESTON DR | 2025-12 | $614,000 | 2,492 | 66.4% |
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