The Fair Share Report
308 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 $255,894 – $314,167, from 12 comparable Absecon sales in the past 18 months, at this home's 1,014 sq ft.
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 $273,780 home should be assessed near $171,852.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,748 above what the ratio math suggests (1.6%).
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 |
|---|---|---|---|---|
| 233 BAYVIEW DRIVE | 2025-07 | $325,000 | 1,074 | 53.1% |
| 1109 NEW YORK AVE | 2025-01 | $324,000 | 1,200 | 58.0% |
| 210 COOLIDGE AVE | 2025-12 | $443,000 | 1,276 | 48.8% |
| 169 HOBART AVE | 2025-05 | $369,000 | 1,375 | 45.0% |
| 399 PITNEY RD | 2026-01 | $355,000 | 960 | 44.6% |
| 27 E FAUNCE LANDING RD | 2026-02 | $220,000 | 1,180 | 75.0% |
| 635 EIGHTH ST | 2025-09 | $275,000 | 928 | 44.5% |
| 33 NATALIE TERRACE | 2025-10 | $294,000 | 1,165 | 48.6% |
| 5 SHADY LANE | 2025-10 | $390,000 | 1,232 | 39.1% |
| 15 W ILLINOIS AVE | 2025-06 | $390,000 | 1,451 | 49.5% |
| 1 OAK DR | 2025-07 | $290,000 | 936 | 48.1% |
| 300 PITNEY ROAD | 2025-07 | $335,000 | 1,446 | 52.3% |
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