The Fair Share Report
297 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $183,034 – $286,897, from 12 comparable Carneys Point sales in the past 18 months, at this home's 1,440 sq ft.
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 $245,201 home should be assessed near $263,076.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,224 above 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%179%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,306/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 111 WISTERIA LANE | 2025-06 | $181,000 | 1,424 | 115.1% |
| 249 CLEVELAND AVE | 2026-01 | $250,000 | 1,320 | 94.0% |
| 36 N MILLER AVE | 2025-04 | $160,000 | 1,490 | 167.1% |
| 51 WASHINGTON AVE | 2026-05 | $350,000 | 1,525 | 82.2% |
| 163 LANNING AVE | 2025-05 | $126,500 | 1,225 | 174.0% |
| 266 PENNS GROVE-AUBURN RD | 2025-05 | $260,000 | 1,305 | 67.8% |
| 386 MANOR AVE | 2025-09 | $200,000 | 1,416 | 124.5% |
| 15 1/2 N MILLER AVE | 2026-03 | $225,500 | 1,600 | 98.3% |
| 113 PRIMROSE LANE | 2025-12 | $220,000 | 1,292 | 94.1% |
| 116 LOTUS LANE | 2026-04 | $250,000 | 1,184 | 77.6% |
| 118 E DEL-A-VUE AVE | 2025-03 | $212,000 | 1,800 | 85.4% |
| 759 W QUILLEYTOWN ROAD | 2025-07 | $250,000 | 1,444 | 103.0% |
Is this your house?
Run your own report →