The Fair Share Report

319 Blvd 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

≈ $311,209

Likely range $291,167 – $316,006, from 12 comparable Pitman sales in the past 18 months (home size estimated from assessor data — range widened).

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 $311,209 home should be assessed near $228,147.

Step 3 · Assessed value

$171,600

Set at the last town-wide revaluation and mostly frozen since. That's $56,547 below what the ratio math suggests (24.8%).

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

$6,171/yr
Public schools$3,586
Gloucester County$999
Town of Pitman$1,586
Pitman average$8,619

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

Town median 64.2%
This home · 55.1%

49%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
321 WEST AVE2026-02$320,0001,27460.0%
347 HARDING CT2026-04$355,0001,16452.2%
518 WESLEY AVE2025-12$300,0001,26258.9%
19 LAUREL AVE2025-06$337,0001,32656.3%
135 LAUREL AVE2026-03$298,0001,15259.0%
174 NORTH AVE2025-06$312,0001,24055.8%
21 EAST AVE2025-11$285,9001,22356.1%
405 WESLEY AVE2025-05$171,3001,11191.4%
231 WEST AVE2025-06$315,0001,28671.7%
65 ARBUTUS AVE2026-05$309,9001,21860.1%
103 NINTH AVE2025-11$330,0001,19659.1%
502 BOULEVARD AVE2025-05$315,0001,32865.0%

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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 →