The Fair Share Report

307 Grant Ave

Pitman, NJ 08071

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

≈ $330,264

Likely range $317,504 – $359,812, from 12 comparable Pitman sales in the past 18 months, at this home's 1,325 sq ft.

Step 2 · The Director's Ratio

73.31%

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $330,264 home should be assessed near $242,117.

Step 3 · Assessed value

$203,100

Set at the last town-wide revaluation and mostly frozen since. That's $39,017 below what the ratio math suggests (16.1%).

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

$3.595 per $100 assessed

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

Step 5 · The bill

$7,303/yr
Public schools$4,244
Gloucester County$1,182
Town of Pitman$1,877
Pitman average$8,619

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

Town median 64.2%
This home · 61.5%

50%90%

Paying about right

This home's ratio lands inside Pitman'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
40 BELLEVUE AVE2025-02$335,0001,34470.8%
147 S WOODBURY RD2025-06$375,0001,32065.7%
21 N FERNWOOD AVE2025-08$359,0001,22168.0%
99 LINDEN AVE2026-06$300,0001,23255.2%
502 BOULEVARD AVE2025-05$315,0001,32865.0%
429 ROOSEVELT AVE2025-06$340,0001,41859.6%
32 BELLEVUE AVE2025-04$325,0001,45968.2%
19 LAUREL AVE2025-06$337,0001,32656.3%
249 LAKE AVE2025-09$315,0001,12253.2%
27 WILDWOOD AVE2025-07$275,0001,15267.6%
106 MCCLELLAND AVE2025-12$360,0001,41665.8%
128 OAKCREST AVE2025-11$410,0001,71162.5%

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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 →