The Fair Share Report

6 Devon Ct

Dennis, NJ 08230

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

≈ $406,568

Likely range $315,335 – $502,500, from 12 comparable Dennis sales in the past 18 months, at this home's 1,675 sq ft.

Step 2 · The Director's Ratio

66.28%

The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $406,568 home should be assessed near $269,473.

Step 3 · Assessed value

$283,900

Set at the last town-wide revaluation and mostly frozen since. That's $14,427 above what the ratio math suggests (5.4%).

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

$2.145 per $100 assessed

$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%

Step 5 · The bill

$6,339/yr
Public schools$4,634
Cape May County$937
Town of Dennis$768
Dennis average$4,091

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

Town median 58.3%
This home · 69.8%

42%99%

Paying about right

This home's ratio lands inside Dennis'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
271 ACADEMY RD2025-08$212,0001,48089.8%
34 CEDAR MILL LA2025-04$469,9001,55748.0%
15 DEVON CT2026-05$600,0002,00050.0%
331 MAIN ST2026-06$540,0001,92462.9%
342 MAIN ST2025-04$425,0001,64053.1%
155 CHESTNUT ST2026-05$382,0001,58047.3%
73 DENNIS CREEK DR2026-06$435,0001,41652.7%
785 CRT HSE-SO DENNIS RD2025-07$280,0001,28860.6%
15 HALBE LA EAST2025-08$560,0002,14448.2%
125 GRAVEL HOLE RD2025-12$340,0001,53856.8%
8 KELLY CT2026-06$559,0002,30358.4%
7 MIRANDA LA2025-09$445,0001,42847.9%

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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 →