The Fair Share Report
36 E Lee Ave
Absecon, NJ 08201
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 $245,485 – $367,121, from 12 comparable Absecon sales in the past 18 months, at this home's 1,368 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $309,650 home should be assessed near $194,367.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,267 below what the ratio math suggests (23.8%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 200 N SHORE ROAD | 2025-07 | $260,200 | 1,450 | 71.3% |
| 615 N SHORE RD | 2025-10 | $292,900 | 1,294 | 65.7% |
| 27 E FAUNCE LANDING RD | 2026-02 | $220,000 | 1,180 | 75.0% |
| 169 HOBART AVE | 2025-05 | $369,000 | 1,375 | 45.0% |
| 210 COOLIDGE AVE | 2025-12 | $443,000 | 1,276 | 48.8% |
| 243 PENNSYLVANIA AVE | 2025-08 | $178,500 | 1,242 | 81.0% |
| 300 PITNEY ROAD | 2025-07 | $335,000 | 1,446 | 52.3% |
| 15 W ILLINOIS AVE | 2025-06 | $390,000 | 1,451 | 49.5% |
| 236 E WYOMING AVE | 2026-03 | $280,000 | 1,216 | 49.4% |
| 952 SEASIDE AVE | 2025-02 | $300,000 | 1,803 | 70.3% |
| 310 PINE ST | 2025-11 | $210,000 | 1,416 | 75.1% |
| 134D CRESTVIEW AVE | 2025-11 | $390,000 | 1,320 | 44.6% |
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