The Fair Share Report
301 Cedar Ave
Pitman, NJ 08071
The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Pitman's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $270,283 – $424,570, from 12 comparable Pitman 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 Pitman assessments sit below market value — republished every October, applied town-wide. A $369,090 home should be assessed near $270,580.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,880 below what the ratio math suggests (11.4%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
50%94%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 MYRTLE AVE | 2025-04 | $332,500 | 1,563 | 55.2% |
| 429 BOULEVARD AVE | 2025-06 | $400,000 | 1,919 | 57.7% |
| 35 SIMPSON AVE | 2025-06 | $325,000 | 1,776 | 65.1% |
| 34 EVERGREEN AVE | 2025-10 | $245,000 | 1,528 | 88.4% |
| 128 OAKCREST AVE | 2025-11 | $410,000 | 1,711 | 62.5% |
| 18 SENECA AVE | 2025-04 | $485,000 | 1,786 | 58.7% |
| 326 N BROADWAY | 2025-01 | $250,000 | 1,866 | 115.0% |
| 401 N BROADWAY | 2025-07 | $300,000 | 1,820 | 72.8% |
| 129 WILDWOOD AVE | 2025-06 | $435,000 | 1,673 | 60.0% |
| 61 WEST AVE | 2025-06 | $225,000 | 1,764 | 76.7% |
| 102 COLONIAL AVE | 2025-11 | $321,000 | 1,930 | 73.9% |
| 55 KENTON AVE | 2026-02 | $480,000 | 2,135 | 62.1% |
Is this your house?
Run your own report →