The Fair Share Report

464 E Holly 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

≈ $356,393

Likely range $352,325 – $376,780, from 12 comparable Pitman sales in the past 18 months, at this home's 1,482 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 $356,393 home should be assessed near $261,272.

Step 3 · Assessed value

$199,900

Set at the last town-wide revaluation and mostly frozen since. That's $61,372 below what the ratio math suggests (23.5%).

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

$7,188/yr
Public schools$4,177
Gloucester County$1,164
Town of Pitman$1,848
Pitman average$8,619

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

Town median 64.2%
This home · 56.1%

48%90%

Keep quiet and enjoy it

This home's assessment ratio sits below the Pitman pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
32 BELLEVUE AVE2025-04$325,0001,45968.2%
307 GRANT AVE2025-03$315,0001,32564.5%
128 OAKCREST AVE2025-11$410,0001,71162.5%
40 BELLEVUE AVE2025-02$335,0001,34470.8%
429 ROOSEVELT AVE2025-06$340,0001,41859.6%
307 WILDWOOD AVE2025-03$360,0001,49768.1%
18 SENECA AVE2025-04$485,0001,78658.7%
129 WILDWOOD AVE2025-06$435,0001,67360.0%
502 BOULEVARD AVE2025-05$315,0001,32865.0%
106 MCCLELLAND AVE2025-12$360,0001,41665.8%
99 LINDEN AVE2026-06$300,0001,23255.2%
103 MYRTLE AVE2025-04$332,5001,56355.2%

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 →