The Fair Share Report
30 Summit Ave
Absecon, NJ 08201
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 $290,871 – $441,587, from 12 comparable Absecon 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 Absecon assessments sit below market value — republished every October, applied town-wide. A $315,998 home should be assessed near $198,352.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,752 below what the ratio math suggests (1.9%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon'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 |
|---|---|---|---|---|
| 68 W DELRAY LANE | 2025-09 | $309,900 | 1,982 | 53.9% |
| 66 ABLES RUN DRIVE | 2025-03 | $325,000 | 1,900 | 49.5% |
| 921 NAVAJO AVE | 2025-10 | $409,000 | 1,918 | 43.4% |
| 505 SOOY LANE | 2026-01 | $479,500 | 1,596 | 47.4% |
| 105 HILLSIDE AVE | 2025-11 | $250,000 | 2,552 | 62.9% |
| 18 ABLES RUN DRIVE | 2025-02 | $295,000 | 2,020 | 57.4% |
| 805 KATIE COURT | 2025-12 | $585,000 | 2,551 | 50.3% |
| 4 DELRAY LANE | 2026-05 | $285,000 | 1,982 | 58.6% |
| 12 DELRAY LANE | 2025-09 | $286,500 | 1,982 | 58.3% |
| 56 W DELRAY LANE | 2026-03 | $294,000 | 2,020 | 57.6% |
| 42 ABLES RUN DRIVE | 2025-11 | $298,000 | 2,020 | 60.1% |
| 34 ABLES RUN DRIVE | 2025-09 | $295,000 | 2,020 | 57.4% |
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