The Fair Share Report

405 S E Ave

Vineland, NJ 08074

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

≈ $235,714

Likely range $205,333 – $346,891, from 12 comparable Vineland sales in the past 18 months, at this home's 1,408 sq ft.

Step 2 · The Director's Ratio

62.10%

The state's official measure of how far Vineland assessments sit below market value — republished every October, applied town-wide. A $235,714 home should be assessed near $146,378.

Step 3 · Assessed value

$48,000

Set at the last town-wide revaluation and mostly frozen since. That's $98,378 below what the ratio math suggests (67.2%).

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

$3.306 per $100 assessed

$0.860 Schools · 26% $1.284 County · 39% $1.162 Town · 35%

Step 5 · The bill

$1,588/yr
Public schools$413
Cumberland County$617
Town of Vineland$558
Vineland average$5,369

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

Town median 50.9%
This home · 20.4%

8%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Vineland pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
708 E CHESTNUT AVE2026-03$180,0001,22847.9%
720 E QUINCE ST2026-01$72,0001,49728.3%
510 S EAST AVE2025-10$225,0001,34447.4%
1107 LIBERTY AVE2025-06$395,0001,42348.7%
1030 CAMBRIDGE PL2025-07$335,0001,37858.2%
1042 CAMBRIDGE PL2025-04$339,5001,37857.6%
1004 CAMBRIDGE PL2025-03$311,0001,37548.7%
407 W ALMOND ST2026-04$188,0001,28849.3%
21 VASSAR PL2025-06$334,0001,43737.7%
2810 MAPLE AVE2025-03$420,0001,53059.9%
208 N EIGHTH ST2024-12$190,0001,63260.6%
4 HOWARD ST2026-05$210,0001,71261.2%

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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 →