The Fair Share Report

4 Laytons Ct

Carneys Point, NJ 08069

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

≈ $467,000

Likely range $412,325 – $667,711, from 12 comparable Carneys Point sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $467,000 home should be assessed near $501,044.

Step 3 · Assessed value

$437,900

Set at the last town-wide revaluation and mostly frozen since. That's $63,144 below what the ratio math suggests (12.6%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

Step 5 · The bill

$10,553/yr
Public schools$3,811
Salem County$4,495
Town of Carneys Point$2,247
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 93.8%

60%124%

Paying about right

This home's ratio lands inside Carneys Point'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
57 OAK LANE2025-07$467,0002,60897.2%
7 PANAMA CT2026-05$425,0002,53684.0%
65 GRANITE LANE2025-10$435,0002,36095.8%
32 GRANITE LANE2025-08$515,0003,185101.0%
53 OAK LANE2025-08$440,0001,81292.1%
83 FENTON DRIVE2025-09$375,0002,25692.6%
7 SCHOONER LANE2025-08$440,0001,74489.2%
17 SPORTSMANS RD2026-05$450,0002,48485.0%
28 S CEDARWOOD AVE2025-09$375,0003,078108.2%
3 LAKE CIRCLE2025-08$420,0001,62489.7%
412 ERIE AVE2025-11$335,0002,786108.8%
313 JOHNSON ST2025-11$325,0002,21395.9%

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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 →