The Fair Share Report

446 Stokes Rd

Shamong, NJ 08088

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

≈ $463,867

Likely range $401,914 – $485,683, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $463,867 home should be assessed near $262,317.

Step 3 · Assessed value

$217,000

Set at the last town-wide revaluation and mostly frozen since. That's $45,317 below what the ratio math suggests (17.3%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$7,211/yr
Public schools$5,731
Burlington County$1,222
Town of Shamong$258
Shamong average$10,322

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

Town median 51.6%
This home · 46.8%

37%71%

Paying about right

This home's ratio lands inside Shamong'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
2 MUSKINGUM DRIVE2025-07$515,0001,81855.4%
33 MUSKINGUM DRIVE2025-09$495,0001,94155.1%
419 OAK SHADE ROAD2026-02$475,0001,75851.6%
6 WINNIPEG COURT2025-09$520,0001,84842.7%
479 ATSION ROAD2025-11$420,0001,54252.9%
174 TUCKERTON RD2025-03$252,0001,96396.5%
10 SPEARHEAD TRAIL2025-05$590,0001,64042.0%
9 BROTHERTON ROAD2025-12$485,0001,66040.7%
15 WICKLOW DRIVE2025-06$430,0001,81649.3%
3 COLEBRICK COURT2025-04$920,0002,54146.9%
797 MC KENDIMEN ROAD2025-02$300,0001,60073.7%
133 MEETINGHOUSE LANE2025-12$420,0001,53050.3%

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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 →