The Fair Share Report

6 Point Dr

Egg Harbor, NJ 08056

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

≈ $452,313

Likely range $410,780 – $481,084, from 12 comparable Egg Harbor sales in the past 18 months, at this home's 2,068 sq ft.

Step 2 · The Director's Ratio

61.54%

The state's official measure of how far Egg Harbor assessments sit below market value — republished every October, applied town-wide. A $452,313 home should be assessed near $278,353.

Step 3 · Assessed value

$408,400

Set at the last town-wide revaluation and mostly frozen since. That's $130,047 above what the ratio math suggests (46.7%).

Step 4 · The tax rate — same for every Egg Harbor home

$3.401 per $100 assessed

$2.091 Schools · 62% $0.620 County · 18% $0.689 Town · 20%

Step 5 · The bill

$13,890/yr
Public schools$8,542
Atlantic County$2,533
Town of Egg Harbor$2,815
Egg Harbor average$7,259

This home vs. every recent Egg Harbor sale · assessed ÷ market

Town median 51.5%
This home · 90.3%

37%105%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.77%) — roughly $4,423/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
220 ONTARIO AVENUE2025-07$439,9002,01149.8%
18 ROOK COURT2026-02$458,0002,09452.4%
46 CRESTWOOD CIRCLE2025-12$451,0002,00248.3%
24 RAVENWOOD DRIVE2025-12$422,5002,12744.6%
126 BONITA DRIVE2026-03$509,0002,18848.3%
312 REYNOLDS ROAD2025-09$421,1311,98851.3%
6057 ENGLISH CREEK AVENUE2025-10$502,0001,78242.0%
103 GATEWOOD ROAD2025-06$425,0002,06555.6%
308 MCCLELLAN ROAD2025-07$385,0001,98855.3%
17 IVYSTONE DRIVE2025-03$451,0002,01447.4%
106 HAWTHORNE ROAD2026-06$515,0002,16847.1%
216 BEACON HILL DRIVE2026-04$330,0002,14360.6%

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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 →