The Fair Share Report
307 77th St
Avalon, NJ 08055
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 $2,357,065 – $3,537,090, from 12 comparable Avalon 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 Avalon assessments sit below market value — republished every October, applied town-wide. A $3,169,459 home should be assessed near $1,720,382.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,518 above what the ratio math suggests (4.4%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 259 24TH STREET | 2025-03 | $1,780,000 | 2,539 | 47.5% |
| 3328 OCEAN DRIVE | 2025-11 | $2,995,000 | 2,785 | 48.0% |
| 128 16TH STREET | 2026-01 | $2,650,000 | 2,701 | 55.1% |
| 606 22ND STREET | 2025-05 | $3,125,000 | 2,470 | 40.5% |
| 859 DUNE DRIVE | 2025-09 | $2,305,000 | 2,564 | 56.4% |
| 712 SUNRISE DRIVE | 2025-08 | $2,300,000 | 2,822 | 55.6% |
| 3429 DUNE DRIVE | 2026-04 | $3,175,000 | 2,751 | 56.7% |
| 261 45TH STREET | 2025-09 | $3,575,000 | 2,703 | 44.2% |
| 262 55TH STREET | 2025-04 | $3,599,000 | 2,704 | 47.0% |
| 141 8TH STREET | 2026-01 | $2,500,000 | 2,540 | 55.0% |
| 1868 DUNE DRIVE | 2025-11 | $3,900,000 | 2,614 | 37.4% |
| 162 33RD STREET | 2026-03 | $3,260,000 | 2,574 | 51.0% |
Is this your house?
Run your own report →