The Fair Share Report
370 Stokes 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $849,167 – $1,074,573, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $950,578 home should be assessed near $537,552.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,448 above what the ratio math suggests (2.3%).
Step 4 · The tax rate — same for every Shamong home
$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%
Step 5 · The bill
This home vs. every recent Shamong sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 73 FLYATT ROAD | 2026-05 | $940,000 | 4,395 | 58.7% |
| 372 ATSION ROAD | 2025-10 | $1,500,000 | 4,497 | 46.6% |
| 13 STONY CREEK COURT | 2026-05 | $838,000 | 3,425 | 52.1% |
| 128 WILLOW GROVE RD | 2025-07 | $949,900 | 3,160 | 48.7% |
| 1400 OLD INDIAN MILLS RD | 2025-05 | $911,000 | 3,867 | 40.9% |
| 87 GRASSY LAKE ROAD | 2025-03 | $832,500 | 4,080 | 48.9% |
| 19 CRESTED BUTTE COURT | 2025-09 | $885,000 | 4,493 | 71.3% |
| 9 LANE OF ACRES | 2025-01 | $750,000 | 2,946 | 57.3% |
| 17 SHADOWLAKE LANE | 2025-01 | $730,000 | 3,400 | 58.8% |
| 2 PACKENAH TRAIL | 2026-04 | $760,000 | 3,020 | 46.4% |
| 236 INDIAN MILLS RD | 2025-07 | $689,900 | 2,632 | 54.5% |
| 16 BRECKENRIDGE DRIVE | 2025-06 | $1,200,000 | 5,480 | 69.3% |
Is this your house?
Run your own report →