The Fair Share Report
36 Simpson 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $553,184 – $775,753, from 12 comparable Pitman sales in the past 18 months, at this home's 3,326 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $732,942 home should be assessed near $537,320.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $267,620 below what the ratio math suggests (49.8%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
29%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 49 WILDWOOD AVE | 2026-06 | $630,000 | 3,397 | 65.9% |
| 407 N BROADWAY | 2025-08 | $420,000 | 2,885 | 63.4% |
| 110 MONTGOMERY AVE | 2025-09 | $400,000 | 2,502 | 66.1% |
| 334 WESLEY AVE | 2025-12 | $335,000 | 2,304 | 68.1% |
| 234 CRAFTON AVE | 2025-04 | $480,000 | 2,005 | 64.5% |
| 319 COLUMBIA AVE | 2025-06 | $494,000 | 2,118 | 61.3% |
| 18 SENECA AVE | 2025-04 | $485,000 | 1,786 | 58.7% |
| 135 COLONIAL AVE | 2025-10 | $425,000 | 1,862 | 54.3% |
| 69 COLONIAL AVE | 2025-11 | $539,900 | 2,450 | 69.7% |
| 55 KENTON AVE | 2026-02 | $480,000 | 2,135 | 62.1% |
| 141 CRAFTON AVE | 2025-11 | $520,000 | 2,291 | 70.8% |
| 102 COLONIAL AVE | 2025-11 | $321,000 | 1,930 | 73.9% |
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