The Fair Share Report
312 Pine St
Mullica, NJ 08037
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 $137,644 – $232,100, from 11 comparable Mullica 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 Mullica assessments sit below market value — republished every October, applied town-wide. A $211,243 home should be assessed near $121,718.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,218 below what the ratio math suggests (19.1%).
Step 4 · The tax rate — same for every Mullica home
$2.186 Schools · 55% $0.699 County · 18% $1.081 Town · 27%
Step 5 · The bill
This home vs. every recent Mullica sale · assessed ÷ market
33%77%
Paying about right
This home's ratio lands inside Mullica'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 |
|---|---|---|---|---|
| 2630 CIRCLE DRIVE | 2025-12 | $215,000 | 744 | 46.6% |
| 5841 WHITE HORSE PIKE | 2025-09 | $294,000 | 972 | 45.4% |
| 3950 PATRICIA COURT | 2025-07 | $275,000 | 880 | 32.0% |
| 3502 RICHARDS AVENUE | 2026-03 | $260,315 | 972 | 57.4% |
| 4532 INDIAN CABIN TERRACE | 2025-08 | $360,000 | 480 | 51.6% |
| 4937 READING AVENUE | 2026-05 | $329,900 | 1,008 | 54.8% |
| 4506 ATLANTIC AVENUE | 2025-02 | $299,900 | 1,456 | 51.0% |
| 5356 READING AVENUE | 2025-02 | $305,000 | 880 | 44.8% |
| 3403 NESCO ROAD | 2026-03 | $173,000 | 1,104 | 63.4% |
| 300 PINE STREET | 2025-02 | $289,700 | 1,440 | 43.7% |
| 819 ELWOOD ROAD | 2025-09 | $249,000 | 1,224 | 52.3% |
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