The Fair Share Report

300 Pine St

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.

Step 1 · Market value

≈ $336,513

Likely range $295,802 – $369,909, from 12 comparable Absecon sales in the past 18 months, at this home's 1,252 sq ft.

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $336,513 home should be assessed near $211,229.

Step 3 · Assessed value

$194,500

Set at the last town-wide revaluation and mostly frozen since. That's $16,729 below what the ratio math suggests (7.9%).

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

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

Step 5 · The bill

$6,841/yr
Public schools$3,378
Atlantic County$1,188
Town of Absecon$2,274
Absecon average$6,048

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

Town median 51.4%
This home · 57.8%

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)

AddressSoldPriceSq ftRatio
210 COOLIDGE AVE2025-12$443,0001,27648.8%
169 HOBART AVE2025-05$369,0001,37545.0%
1109 NEW YORK AVE2025-01$324,0001,20058.0%
5 SHADY LANE2025-10$390,0001,23239.1%
15 W ILLINOIS AVE2025-06$390,0001,45149.5%
308 PINE ST2025-01$259,0001,01467.4%
300 PITNEY ROAD2025-07$335,0001,44652.3%
233 BAYVIEW DRIVE2025-07$325,0001,07453.1%
104 LAUREL CIRCLE2025-05$365,0001,28039.1%
134D CRESTVIEW AVE2025-11$390,0001,32044.6%
629 WOODLAND AVE2026-04$250,0001,29664.4%
310 PINE ST2025-11$210,0001,41675.1%

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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 →