The Fair Share Report
415 Mill Rd
Absecon, NJ 08201
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $278,549 – $411,766, from 12 comparable Absecon sales in the past 18 months, at this home's 1,444 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $387,517 home should be assessed near $243,244.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,544 below what the ratio math suggests (17.5%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 134D CRESTVIEW AVE | 2025-11 | $390,000 | 1,320 | 44.6% |
| 655 WEILER LANE | 2026-04 | $455,000 | 1,432 | 46.4% |
| 104 LAUREL CIRCLE | 2025-05 | $365,000 | 1,280 | 39.1% |
| 5 SHADY LANE | 2025-10 | $390,000 | 1,232 | 39.1% |
| 15 W ILLINOIS AVE | 2025-06 | $390,000 | 1,451 | 49.5% |
| 14 KESLER AVE | 2026-03 | $255,000 | 1,557 | 60.0% |
| 1 MECHANIC ST #302 | 2025-05 | $230,000 | 1,256 | 64.9% |
| 1109 NEW YORK AVE | 2025-01 | $324,000 | 1,200 | 58.0% |
| 169 HOBART AVE | 2025-05 | $369,000 | 1,375 | 45.0% |
| 23 SHADY LANE | 2025-10 | $350,000 | 1,620 | 48.9% |
| 629 WOODLAND AVE | 2026-04 | $250,000 | 1,296 | 64.4% |
| 36 E LEE AVE | 2026-03 | $328,000 | 1,368 | 45.1% |
Is this your house?
Run your own report →