The Fair Share Report

32 Pine St

Dennis, NJ 08246

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

≈ $479,386

Likely range $298,699 – $590,341, from 12 comparable Dennis sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.28%

The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $479,386 home should be assessed near $317,737.

Step 3 · Assessed value

$260,800

Set at the last town-wide revaluation and mostly frozen since. That's $56,937 below what the ratio math suggests (17.9%).

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

$2.145 per $100 assessed

$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%

Step 5 · The bill

$5,824/yr
Public schools$4,257
Cape May County$861
Town of Dennis$706
Dennis average$4,091

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

Town median 58.3%
This home · 54.4%

39%99%

Paying about right

This home's ratio lands inside Dennis'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
15 DEVON CT2026-05$600,0002,00050.0%
8 KELLY CT2026-06$559,0002,30358.4%
331 MAIN ST2026-06$540,0001,92462.9%
15 HALBE LA EAST2025-08$560,0002,14448.2%
81 HOLLY GLEN LA2026-02$315,0002,53699.4%
42 ROBIN DR2025-04$449,0002,38557.9%
271 ACADEMY RD2025-08$212,0001,48089.8%
107 W BEAVER DR2025-10$590,0002,00845.2%
34 CEDAR MILL LA2025-04$469,9001,55748.0%
238 FIDLER RD2026-01$300,0002,21865.3%
15 ELIZABETH LA2025-05$440,0003,01889.6%
342 MAIN ST2025-04$425,0001,64053.1%

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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 →