The Fair Share Report
40 Embassy Dr
Woolwich, NJ 08085
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
A touch high — but not appeal-worthy
Above most of Woolwich, but below NJ's legal appeal line (73.99%), where a case becomes winnable.
Step 1 · Market value
Likely range $397,071 – $457,372, from 12 comparable Woolwich sales in the past 18 months, at this home's 1,928 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Woolwich assessments sit below market value — republished every October, applied town-wide. A $406,998 home should be assessed near $261,863.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,237 above what the ratio math suggests (23.8%).
Step 4 · The tax rate — same for every Woolwich home
$2.090 Schools · 62% $0.706 County · 21% $0.580 Town · 17%
Step 5 · The bill
This home vs. every recent Woolwich sale · assessed ÷ market
48%87%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3 WESLEY DR | 2025-09 | $455,000 | 1,918 | 55.5% |
| 211 WILSHIRE BLVD | 2025-04 | $405,000 | 1,938 | 60.1% |
| 106 WESLEY DR | 2025-06 | $472,000 | 1,938 | 52.1% |
| 1803 LEXINGTON MEWS | 2025-05 | $369,000 | 1,875 | 66.9% |
| 26 BRATTLEBORO RD | 2025-07 | $440,000 | 1,889 | 53.5% |
| 11 LOCUST LN | 2025-09 | $602,000 | 2,000 | 51.5% |
| 504 SAMMY ST | 2025-07 | $425,000 | 1,960 | 56.6% |
| 343 TAFT DR | 2026-06 | $515,000 | 1,947 | 53.4% |
| 4 HYLTON RD | 2025-12 | $407,000 | 1,808 | 57.0% |
| 504 LEXINGTON MEWS | 2025-03 | $375,000 | 1,792 | 56.2% |
| 133 BANTRY ST | 2025-08 | $385,000 | 2,008 | 67.4% |
| 1801 LEXINGTON MEWS | 2025-11 | $369,000 | 1,748 | 60.2% |
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