The Fair Share Report
3768 First Ave
Avalon, NJ 08053
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 $2,035,195 – $3,190,238, from 12 comparable Avalon 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 Avalon assessments sit below market value — republished every October, applied town-wide. A $2,337,829 home should be assessed near $1,268,974.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $594,426 above what the ratio math suggests (46.8%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
32%97%
A touch high — worth watching
This home's ratio sits above most of Avalon, but doesn't clear NJ's legal appeal line (62.42%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 108 27TH STREET | 2025-07 | $3,050,000 | 2,241 | 38.1% |
| 273 7TH STREET | 2025-11 | $2,600,000 | 2,320 | 43.3% |
| 175 12TH STREET | 2025-11 | $1,950,000 | 2,016 | 58.1% |
| 7789 DUNE DRIVE | 2025-07 | $3,600,000 | 2,139 | 51.1% |
| 2928 OCEAN DR C-N | 2026-05 | $2,100,000 | 2,002 | 54.3% |
| 256 42ND STREET | 2026-04 | $2,400,000 | 2,239 | 60.9% |
| 267 35TH STREET | 2025-06 | $1,950,000 | 2,191 | 44.4% |
| 420 24TH STREET | 2026-04 | $2,297,500 | 2,153 | 34.1% |
| 178 37TH STREET | 2025-10 | $3,500,000 | 2,561 | 47.2% |
| 162 33RD STREET | 2026-03 | $3,260,000 | 2,574 | 51.0% |
| 58 E 15TH STREET | 2026-03 | $4,595,000 | 2,495 | 44.2% |
| 304 78TH ST C-A | 2025-12 | $1,795,000 | 1,920 | 43.8% |
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