The Fair Share Report
33 Myrtle 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $302,965 – $329,684, from 12 comparable Pitman sales in the past 18 months, at this home's 1,296 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $315,584 home should be assessed near $231,355.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,545 above what the ratio math suggests (6.3%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
This home's own bill implies $3.230 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
50%90%
A touch high — worth watching
This home's ratio sits above most of Pitman, but doesn't clear NJ's legal appeal line (84.31%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 NINTH AVE | 2025-11 | $330,000 | 1,196 | 59.1% |
| 34 EVERGREEN AVE | 2025-10 | $245,000 | 1,528 | 88.4% |
| 12 HAZEL AVE | 2026-01 | $290,000 | 1,140 | 55.5% |
| 99 LINDEN AVE | 2026-06 | $300,000 | 1,232 | 55.2% |
| 103 MYRTLE AVE | 2025-04 | $332,500 | 1,563 | 55.2% |
| 51 SIMPSON AVE | 2025-06 | $309,000 | 1,338 | 74.0% |
| 307 GRANT AVE | 2025-03 | $315,000 | 1,325 | 64.5% |
| 147 S WOODBURY RD | 2025-06 | $375,000 | 1,320 | 65.7% |
| 27 WILDWOOD AVE | 2025-07 | $275,000 | 1,152 | 67.6% |
| 65 ARBUTUS AVE | 2026-05 | $309,900 | 1,218 | 60.1% |
| 106 MCCLELLAND AVE | 2025-12 | $360,000 | 1,416 | 65.8% |
| 40 BELLEVUE AVE | 2025-02 | $335,000 | 1,344 | 70.8% |
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