The Fair Share Report

334 Wesley 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

≈ $507,726

Likely range $421,622 – $535,110, from 12 comparable Pitman sales in the past 18 months, at this home's 2,304 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 $507,726 home should be assessed near $372,214.

Step 3 · Assessed value

$228,200

Set at the last town-wide revaluation and mostly frozen since. That's $144,014 below what the ratio math suggests (38.7%).

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 $3.486 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,956/yr
Public schools$4,623
Gloucester County$1,288
Town of Pitman$2,045
Pitman average$8,619

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

Town median 64.2%
This home · 44.9%

37%90%

Keep quiet and enjoy it

This home's assessment ratio sits below the Pitman pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
234 CRAFTON AVE2025-04$480,0002,00564.5%
18 SENECA AVE2025-04$485,0001,78658.7%
128 OAKCREST AVE2025-11$410,0001,71162.5%
110 MONTGOMERY AVE2025-09$400,0002,50266.1%
55 KENTON AVE2026-02$480,0002,13562.1%
141 CRAFTON AVE2025-11$520,0002,29170.8%
102 COLONIAL AVE2025-11$321,0001,93073.9%
429 BOULEVARD AVE2025-06$400,0001,91957.7%
35 SIMPSON AVE2025-06$325,0001,77665.1%
16 KENTON AVE2025-11$530,0002,28265.3%
300 POPLAR AVE2025-07$465,0002,40471.5%
300 POPLAR AVE2025-03$380,0002,40487.5%

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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 →