The Fair Share Report

314 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.

Step 1 · Market value

≈ $230,393

Likely range $175,304 – $279,466, from 12 comparable Absecon sales in the past 18 months, at this home's 902 sq ft.

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $230,393 home should be assessed near $144,618.

Step 3 · Assessed value

$151,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,182 above what the ratio math suggests (5.0%).

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

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

Step 5 · The bill

$5,339/yr
Public schools$2,637
Atlantic County$928
Town of Absecon$1,775
Absecon average$6,048

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

Town median 51.4%
This home · 65.9%

34%92%

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)

AddressSoldPriceSq ftRatio
161 COOLIDGE AVE2025-10$290,00086443.8%
635 EIGHTH ST2025-09$275,00092844.5%
638 EIGHTH ST2026-04$140,00093671.4%
116 COOLIDGE AVE2025-01$165,00099890.2%
123 TWELFTH ST2026-01$135,000873106.0%
33 NATALIE TERRACE2025-10$294,0001,16548.6%
116 N NEW RD2025-08$275,00075646.4%
1 OAK DR2025-07$290,00093648.1%
233 BAYVIEW DRIVE2025-07$325,0001,07453.1%
308 PINE ST2025-01$259,0001,01467.4%
219 HURON AVE2025-04$335,0001,16843.0%
1 MECHANIC ST #1082026-01$172,00088568.6%

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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 →