The Fair Share Report

4 Flagstone Dr

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.

Step 1 · Market value

≈ $711,117

Likely range $654,819 – $734,487, from 12 comparable Shamong sales in the past 18 months, at this home's 3,184 sq ft.

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $711,117 home should be assessed near $402,137.

Step 3 · Assessed value

$325,200

Set at the last town-wide revaluation and mostly frozen since. That's $76,937 below what the ratio math suggests (19.1%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$10,806/yr
Public schools$8,589
Burlington County$1,831
Town of Shamong$387
Shamong average$10,322

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

Town median 51.6%
This home · 45.7%

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)

AddressSoldPriceSq ftRatio
363 ATSION ROAD2026-02$755,0003,25560.8%
5 LIBERTY CIRCLE2026-04$710,0003,11255.8%
7 SHADOWLAKE LANE2025-05$705,0003,42857.6%
15 YORKTOWN DRIVE2025-12$665,0003,08652.2%
3 CANDLE COURT2026-01$725,0003,44650.0%
4 MEADOWBROOK DRIVE2025-07$825,0002,89442.7%
132 MEETINGHOUSE LANE2025-12$380,0002,93263.8%
664 MC KENDIMEN ROAD2025-11$480,0002,56050.0%
4 MEADOWVIEW DRIVE2025-07$695,0003,10751.3%
1115 ROUTE 2062025-12$430,0003,01653.0%
5 MEADOWBROOK DRIVE2025-08$600,0002,60152.3%
47 MILLSTONE DRIVE2025-07$735,0002,60244.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →