The Fair Share Report

34 Mill Rd

Shamong, NJ 08088

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

≈ $509,121

Likely range $463,290 – $544,667, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $509,121 home should be assessed near $287,908.

Step 3 · Assessed value

$234,500

Set at the last town-wide revaluation and mostly frozen since. That's $53,408 below what the ratio math suggests (18.6%).

Step 4 · The tax rate — same for every Shamong home

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$7,792/yr
Public schools$6,193
Burlington County$1,320
Town of Shamong$279
Shamong average$10,322

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

Town median 51.6%
This home · 46.1%

37%71%

Paying about right

This home's ratio lands inside Shamong'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
321 OAK SHADE ROAD2025-10$300,0002,00077.6%
9 IRONWOOD DRIVE2025-04$495,0001,92845.0%
25 MILL ROAD2025-06$530,0001,95146.0%
25 PACKENAH TRAIL2026-01$524,3001,92653.7%
86 THREE BRIDGE ROAD2025-03$462,0002,11046.5%
781 MC KENDIMEN ROAD2025-08$455,5001,86048.9%
6 WINNIPEG COURT2025-09$520,0001,84842.7%
106 HOLLY DRIVE2025-04$525,0002,08850.0%
124 STRAWBERRY DRIVE2025-08$685,0002,06642.1%
4 PACKENAH TRAIL2025-05$585,0002,25546.6%
15 WICKLOW DRIVE2025-06$430,0001,81649.3%
25 WALLINGFORD WAY2025-07$570,0002,13642.8%

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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 →