The Fair Share Report
34 E Third Ave
Runnemede, NJ 08078
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 $267,859 – $338,957, from 12 comparable Runnemede sales in the past 18 months, at this home's 1,542 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Runnemede assessments sit below market value — republished every October, applied town-wide. A $303,543 home should be assessed near $166,797.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,103 above what the ratio math suggests (19.8%).
Step 4 · The tax rate — same for every Runnemede home
$2.421 Schools · 51% $0.953 County · 20% $1.406 Town · 29%
Step 5 · The bill
This home vs. every recent Runnemede sale · assessed ÷ market
33%80%
A touch high — worth watching
This home's ratio sits above most of Runnemede, but doesn't clear NJ's legal appeal line (63.19%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 141 OAK AVE | 2025-12 | $218,000 | 1,584 | 65.8% |
| 209 HOLLY AVE | 2024-12 | $325,250 | 1,584 | 48.1% |
| 534 BLANCHARD AVE | 2026-05 | $362,500 | 1,585 | 42.4% |
| 534 BLANCHARD AVE | 2025-08 | $200,000 | 1,585 | 76.8% |
| 832 RAMBLER AVE | 2025-06 | $270,000 | 1,656 | 74.3% |
| 586 SHERRINGTON LANE | 2025-04 | $350,000 | 1,820 | 46.1% |
| 524 HIRSCH AVE | 2026-03 | $336,000 | 1,600 | 50.8% |
| 569 SHERRY DRIVE | 2025-10 | $420,000 | 1,780 | 38.7% |
| 120 LINDSEY AVE | 2025-07 | $295,000 | 1,560 | 53.4% |
| 308 SMITH LN | 2026-02 | $310,000 | 1,560 | 51.8% |
| 681 DETTMAR TER | 2025-05 | $335,000 | 1,524 | 43.1% |
| 604 WILLIAMS AVE | 2025-03 | $300,000 | 1,524 | 50.7% |
Is this your house?
Run your own report →