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.

Step 1 · Market value

≈ $315,584

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

73.31%

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

$245,900

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

$3.595 per $100 assessed

$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

$7,944/yr
Public schools$4,616
Gloucester County$1,286
Town of Pitman$2,042
Pitman average$8,619

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

Town median 64.2%
This home · 77.9%

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)

AddressSoldPriceSq ftRatio
103 NINTH AVE2025-11$330,0001,19659.1%
34 EVERGREEN AVE2025-10$245,0001,52888.4%
12 HAZEL AVE2026-01$290,0001,14055.5%
99 LINDEN AVE2026-06$300,0001,23255.2%
103 MYRTLE AVE2025-04$332,5001,56355.2%
51 SIMPSON AVE2025-06$309,0001,33874.0%
307 GRANT AVE2025-03$315,0001,32564.5%
147 S WOODBURY RD2025-06$375,0001,32065.7%
27 WILDWOOD AVE2025-07$275,0001,15267.6%
65 ARBUTUS AVE2026-05$309,9001,21860.1%
106 MCCLELLAND AVE2025-12$360,0001,41665.8%
40 BELLEVUE AVE2025-02$335,0001,34470.8%

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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 →