The Fair Share Report

301 39th St

Avalon, NJ 08033

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

≈ $2,283,519

Likely range $1,684,626 – $2,900,363, from 12 comparable Avalon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,283,519 home should be assessed near $1,239,494.

Step 3 · Assessed value

$1,290,100

Set at the last town-wide revaluation and mostly frozen since. That's $50,606 above what the ratio math suggests (4.1%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$7,844/yr
Public schools$414
Cape May County$4,045
Town of Avalon$3,386
Avalon average$10,663

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

Town median 48.5%
This home · 56.5%

32%82%

Paying about right

This home's ratio lands inside Avalon'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
2766 OCEAN DRIVE2026-06$3,250,0001,93947.4%
2776 OCEAN DRIVE2025-04$3,395,0001,93945.4%
2776 OCEAN DRIVE2025-04$2,521,4721,93961.1%
253 35TH STREET2025-04$2,775,0001,90068.7%
286 24TH STREET2025-10$2,900,0001,86435.8%
2025 DUNE DRIVE2025-09$1,500,0001,82044.5%
2977 DUNE DRIVE2025-09$1,697,5001,79876.5%
6801 OCEAN DRIVE2025-03$2,320,0002,02747.8%
212 25TH STREET2026-03$1,800,0001,85648.5%
364 41ST STREET2025-07$1,900,0001,95241.2%
1838 DUNE DRIVE2026-06$2,800,0001,95939.2%
715 21ST STREET2025-11$1,825,0001,84541.8%

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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 →