The Fair Share Report
48 Oriental 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $636,698 – $785,262, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $701,558 home should be assessed near $396,731.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,969 above what the ratio math suggests (15.9%).
Step 4 · The tax rate — same for every Shamong home
$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%
Step 5 · The bill
This home vs. every recent Shamong sale · assessed ÷ market
37%78%
A touch high — worth watching
This home's ratio sits above most of Shamong, but doesn't clear NJ's legal appeal line (65.03%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24 CRESTED BUTTE COURT | 2025-07 | $1,101,000 | 3,129 | 46.2% |
| 283 FORKED NECK ROAD | 2025-09 | $765,000 | 3,644 | 69.6% |
| 119 MOHAWK TRAIL | 2025-09 | $710,000 | 3,179 | 52.8% |
| 9 LANE OF ACRES | 2025-01 | $750,000 | 2,946 | 57.3% |
| 1400 OLD INDIAN MILLS RD | 2025-05 | $911,000 | 3,867 | 40.9% |
| 132 MEETINGHOUSE LANE | 2025-12 | $380,000 | 2,932 | 63.8% |
| 363 ATSION ROAD | 2026-02 | $755,000 | 3,255 | 60.8% |
| 87 GRASSY LAKE ROAD | 2025-03 | $832,500 | 4,080 | 48.9% |
| 15 YORKTOWN DRIVE | 2025-12 | $665,000 | 3,086 | 52.2% |
| 5 LIBERTY CIRCLE | 2026-04 | $710,000 | 3,112 | 55.8% |
| 4 MEADOWVIEW DRIVE | 2025-07 | $695,000 | 3,107 | 51.3% |
| 1115 ROUTE 206 | 2025-12 | $430,000 | 3,016 | 53.0% |
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