The Fair Share Report

293 67th St

Avalon, NJ 08033

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

≈ $3,152,020

Likely range $2,594,982 – $3,709,681, from 12 comparable Avalon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $3,152,020 home should be assessed near $1,710,916.

Step 3 · Assessed value

$1,285,500

Set at the last town-wide revaluation and mostly frozen since. That's $425,416 below what the ratio math suggests (24.9%).

Step 4 · The tax rate — same for every Avalon home

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$7,816/yr
Public schools$412
Cape May County$4,030
Town of Avalon$3,374
Avalon average$10,663

This home vs. every recent Avalon sale · assessed ÷ market

Town median 48.5%
This home · 40.8%

29%70%

Paying about right

This home's ratio lands inside Avalon'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
3108 OCEAN DRIVE2025-12$2,725,0002,35948.8%
407 20TH STREET2025-10$3,200,0002,40148.2%
223 24TH STREET2025-07$2,650,0002,29445.3%
8 E 27TH STREET2026-05$3,900,0002,29959.8%
885 21ST STREET2025-11$3,775,0002,49954.6%
2003 DUNE DRIVE2025-01$1,700,0002,27541.8%
435 20TH STREET2025-09$4,900,0002,48949.9%
437 20TH STREET2025-09$4,850,0002,48950.4%
694 22ND STREET2025-10$3,300,0002,23273.1%
1868 DUNE DRIVE2025-11$3,900,0002,61437.4%
118 28TH STREET2026-06$3,160,0002,29949.9%
262 55TH STREET2025-04$3,599,0002,70447.0%

Is this your house?

Run your own report →

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 →