The Fair Share Report

299 Pine 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.

Step 1 · Market value

≈ $222,554

Likely range $178,460 – $245,212, 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

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $222,554 home should be assessed near $238,778.

Step 3 · Assessed value

$191,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,778 below what the ratio math suggests (20.0%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

Step 5 · The bill

$4,603/yr
Public schools$1,662
Salem County$1,960
Town of Carneys Point$980
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 85.8%

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)

AddressSoldPriceSq ftRatio
69 WALKER AVE2025-09$240,0001,08686.5%
54 CHRISTMAS AVE2025-11$235,1501,06090.3%
214 BAY ST2025-07$215,0001,05484.5%
411 MANOR AVE2026-03$255,0001,14281.2%
388 SPRINGFIELD AVE2025-07$185,5001,142105.9%
279 PINE ST2025-12$259,0001,18181.4%
135 MAGNOLIA ST2025-11$220,0001,120101.0%
637 WILLIAMSBURG AVE2025-07$245,0001,02068.2%
289 C ST2026-01$225,0001,10481.3%
148 DOLBOW AVE2026-03$150,0001,237114.9%
246 DIXIE DR2025-08$225,0001,27376.0%
264 DIXIE DR2025-08$216,5001,27379.1%

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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 →