The Fair Share Report
437 20th St
Avalon, NJ 08033
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 $2,875,262 – $3,759,894, from 12 comparable Avalon sales in the past 18 months, at this home's 2,489 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $3,317,284 home should be assessed near $1,800,622.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $644,678 above what the ratio math suggests (35.8%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
32%90%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (62.42%) — roughly $3,913/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 435 20TH STREET | 2025-09 | $4,900,000 | 2,489 | 49.9% |
| 885 21ST STREET | 2025-11 | $3,775,000 | 2,499 | 54.6% |
| 8 E 27TH STREET | 2026-05 | $3,900,000 | 2,299 | 59.8% |
| 3108 OCEAN DRIVE | 2025-12 | $2,725,000 | 2,359 | 48.8% |
| 694 22ND STREET | 2025-10 | $3,300,000 | 2,232 | 73.1% |
| 407 20TH STREET | 2025-10 | $3,200,000 | 2,401 | 48.2% |
| 1868 DUNE DRIVE | 2025-11 | $3,900,000 | 2,614 | 37.4% |
| 262 55TH STREET | 2025-04 | $3,599,000 | 2,704 | 47.0% |
| 223 24TH STREET | 2025-07 | $2,650,000 | 2,294 | 45.3% |
| 2987 DUNE DRIVE | 2025-04 | $1,790,900 | 2,110 | 75.2% |
| 2003 DUNE DRIVE | 2025-01 | $1,700,000 | 2,275 | 41.8% |
| 261 45TH STREET | 2025-09 | $3,575,000 | 2,703 | 44.2% |
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