The Fair Share Report

422 Snyder Ave

Pitman, NJ 08071

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

≈ $275,768

Likely range $260,380 – $293,084, from 12 comparable Pitman sales in the past 18 months, at this home's 1,096 sq ft.

Step 2 · The Director's Ratio

73.31%

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $275,768 home should be assessed near $202,166.

Step 3 · Assessed value

$171,600

Set at the last town-wide revaluation and mostly frozen since. That's $30,566 below what the ratio math suggests (15.1%).

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

$3.595 per $100 assessed

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

Step 5 · The bill

$6,171/yr
Public schools$3,586
Gloucester County$999
Town of Pitman$1,586
Pitman average$8,619

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

Town median 64.2%
This home · 62.2%

50%90%

Paying about right

This home's ratio lands inside Pitman'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
65 ARBUTUS AVE2026-05$309,9001,21860.1%
12 HAZEL AVE2026-01$290,0001,14055.5%
189 EAST AVE2026-05$257,5001,11663.8%
7 WEST AVE2025-06$290,0001,14052.5%
158 WEST AVE2025-01$274,9001,02854.4%
21 EAST AVE2025-11$285,9001,22356.1%
103 NINTH AVE2025-11$330,0001,19659.1%
139 W HOLLY AVE2025-09$234,55098452.5%
134 NORTH AVE2025-09$250,0001,01255.3%
231 WEST AVE2025-06$315,0001,28671.7%
131 NORTH AVE2025-04$207,00094955.3%
174 NORTH AVE2025-06$312,0001,24055.8%

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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 →