The Fair Share Report

41 E Beaver Dr

Dennis, NJ 08210

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

≈ $518,731

Likely range $423,251 – $596,497, from 12 comparable Dennis sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.28%

The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $518,731 home should be assessed near $343,815.

Step 3 · Assessed value

$267,300

Set at the last town-wide revaluation and mostly frozen since. That's $76,515 below what the ratio math suggests (22.3%).

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

$2.145 per $100 assessed

$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%

Step 5 · The bill

$6,100/yr
Public schools$4,459
Cape May County$901
Town of Dennis$739
Dennis average$4,091

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

Town median 58.3%
This home · 51.5%

39%99%

Paying about right

This home's ratio lands inside Dennis'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
107 W BEAVER DR2025-10$590,0002,00845.2%
15 DEVON CT2026-05$600,0002,00050.0%
388 KINGS HWY2025-04$600,0001,82453.7%
771 DENNISVILLE RD2025-10$500,0001,95253.9%
18 E BEAVER DR2025-07$350,0001,42263.6%
114 PETERSBURG RD2025-11$517,5001,88169.9%
2044 RT 92026-01$450,0002,16446.9%
8 KELLY CT2026-06$559,0002,30358.4%
2024 RT 472025-12$360,0001,62855.0%
62 CEDAR DR2025-04$468,0001,29350.6%
331 MAIN ST2026-06$540,0001,92462.9%
15 HALBE LA EAST2025-08$560,0002,14448.2%

Is this your house?

Run your own report →

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 →