The Fair Share Report

333 W Ave

Pitman, NJ 08062

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

≈ $383,201

Likely range $359,082 – $409,686, from 12 comparable Pitman sales in the past 18 months, at this home's 1,612 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 $383,201 home should be assessed near $280,925.

Step 3 · Assessed value

$227,900

Set at the last town-wide revaluation and mostly frozen since. That's $53,025 below what the ratio math suggests (18.9%).

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

$8,195/yr
Public schools$4,762
Gloucester County$1,327
Town of Pitman$2,106
Pitman average$8,619

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

Town median 64.2%
This home · 59.5%

50%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
128 OAKCREST AVE2025-11$410,0001,71162.5%
19 LAUREL AVE2025-06$337,0001,32656.3%
32 BELLEVUE AVE2025-04$325,0001,45968.2%
502 BOULEVARD AVE2025-05$315,0001,32865.0%
18 SENECA AVE2025-04$485,0001,78658.7%
129 WILDWOOD AVE2025-06$435,0001,67360.0%
51 SIMPSON AVE2025-06$309,0001,33874.0%
103 MYRTLE AVE2025-04$332,5001,56355.2%
35 SIMPSON AVE2025-06$325,0001,77665.1%
307 GRANT AVE2025-03$315,0001,32564.5%
321 WEST AVE2026-02$320,0001,27460.0%
61 WEST AVE2025-06$225,0001,76476.7%

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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 →