The Fair Share Report

300 Pine St

Mullica, NJ 08037

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

≈ $334,163

Likely range $296,604 – $395,604, from 12 comparable Mullica sales in the past 18 months, at this home's 1,440 sq ft.

Step 2 · The Director's Ratio

57.62%

The state's official measure of how far Mullica assessments sit below market value — republished every October, applied town-wide. A $334,163 home should be assessed near $192,545.

Step 3 · Assessed value

$126,500

Set at the last town-wide revaluation and mostly frozen since. That's $66,045 below what the ratio math suggests (34.3%).

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

$3.966 per $100 assessed

$2.186 Schools · 55% $0.699 County · 18% $1.081 Town · 27%

Step 5 · The bill

$5,017/yr
Public schools$2,765
Atlantic County$884
Town of Mullica$1,367
Mullica average$7,373

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

Town median 47.8%
This home · 37.9%

27%72%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mullica pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
4506 ATLANTIC AVENUE2025-02$299,9001,45651.0%
5401 PLEASANT MILLS ROAD2025-10$320,0001,47248.5%
5323 SOUTH CAROLINA AVE2025-08$400,0001,45644.4%
437 DARMSTADT AVENUE2026-04$291,0001,25444.8%
4075 ADAMS CIRCLE2026-01$333,5001,50847.4%
5841 WHITE HORSE PIKE2025-09$294,00097245.4%
1309 WHITE OAK CIRCLE2025-08$375,0001,83845.8%
3403 NESCO ROAD2026-03$173,0001,10463.4%
436 MELON AVENUE2025-07$320,0001,34445.5%
2811 CEDAR LANE2026-02$420,0001,94444.8%
5144 VENICE AVENUE2025-06$849,0001,94839.5%
2574 SIXTH AVENUE2025-01$401,0001,65240.9%

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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 →