The Fair Share Report

36 E 17th St

Avalon, NJ 08081

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

≈ $2,227,661

Likely range $1,566,190 – $2,708,751, from 12 comparable Avalon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,227,661 home should be assessed near $1,209,174.

Step 3 · Assessed value

$1,859,300

Set at the last town-wide revaluation and mostly frozen since. That's $650,126 above what the ratio math suggests (53.8%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$11,305/yr

Public schools$596

Cape May County$5,829

Town of Avalon$4,879

Avalon average$10,663

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

Town median 48.5%

Appeal line 62.42%

This home · 83.5%

32%124%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (62.42%) — roughly $3,946/yr at stake. NJ appeals are generally due April 1.

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

Address	Sold	Price	Sq ft	Ratio
36 W 24TH STREET	2026-01	$2,700,000	1,703	45.1%
274 52ND STREET	2025-04	$2,555,266	1,623	39.7%
181 7TH STREET	2026-06	$2,800,000	1,886	52.3%
694 21ST STREET	2025-09	$1,296,000	1,497	40.7%
1100 OCEAN DR UNIT 211	2025-06	$2,275,000	1,682	47.9%
1100 OCEAN DR UNIT 305	2025-09	$2,390,000	1,608	40.7%
1100 OCEAN DR UNIT 208	2025-06	$1,950,000	1,608	49.9%
10 MARINE WAY	2026-01	$1,830,000	1,691	44.2%
25 MARINE WAY	2025-12	$2,300,000	1,691	49.5%
41 MARINE WAY	2025-07	$1,775,000	1,691	64.2%
76 W 21ST STREET	2026-02	$2,699,000	1,716	49.4%
360 39TH ST C-E	2026-05	$1,900,000	1,600	33.4%

Is this your house?

Run your own report →