The Fair Share Report
304 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $295,682 – $367,732, 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 $356,669 home should be assessed near $223,881.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,781 below what the ratio math suggests (28.5%).
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 |
|---|---|---|---|---|
| 169 HOBART AVE | 2025-05 | $369,000 | 1,375 | 45.0% |
| 210 COOLIDGE AVE | 2025-12 | $443,000 | 1,276 | 48.8% |
| 15 W ILLINOIS AVE | 2025-06 | $390,000 | 1,451 | 49.5% |
| 300 PITNEY ROAD | 2025-07 | $335,000 | 1,446 | 52.3% |
| 112 WOODCREST AVE | 2025-08 | $344,000 | 1,456 | 56.0% |
| 310 PINE ST | 2025-11 | $210,000 | 1,416 | 75.1% |
| 817 SHELBURNE AVE | 2025-04 | $313,000 | 1,422 | 56.9% |
| 1104 BREAKERS AVE | 2025-01 | $330,000 | 1,461 | 56.8% |
| 629 WOODLAND AVE | 2026-04 | $250,000 | 1,296 | 64.4% |
| 1109 NEW YORK AVE | 2025-01 | $324,000 | 1,200 | 58.0% |
| 14 KESLER AVE | 2026-03 | $255,000 | 1,557 | 60.0% |
| 9 CORDOVA DR | 2025-07 | $395,100 | 1,501 | 40.3% |
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