The Fair Share Report

605 Shell Rd

Carneys Point, NJ 08023

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

≈ $327,669

Likely range $300,340 – $374,776, from 12 comparable Carneys Point sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $327,669 home should be assessed near $351,556.

Step 3 · Assessed value

$340,600

Set at the last town-wide revaluation and mostly frozen since. That's $10,956 below what the ratio math suggests (3.1%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

Step 5 · The bill

$8,208/yr
Public schools$2,964
Salem County$3,496
Town of Carneys Point$1,748
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 103.9%

70%124%

Paying about right

This home's ratio lands inside Carneys Point'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
119 FIELD ST2025-06$330,0001,90689.7%
313 JOHNSON ST2025-11$325,0002,21395.9%
109 CENTRAL SCHOOLHOUSE R2025-03$360,0001,89296.7%
236 ROUTE 402025-09$305,0002,03299.7%
609 HAWKS BRIDGE ROAD2026-01$310,0001,96591.3%
340 JOHNSON ST2025-12$330,0001,87291.9%
395 HICKORY AVE2026-03$325,0002,06294.2%
17 SPORTSMANS RD2026-05$450,0002,48485.0%
599 SORENSON ROAD2025-08$470,0002,58881.9%
118 E DEL-A-VUE AVE2025-03$212,0001,80085.4%
588 ORCHARD ROAD2025-04$250,0002,348134.4%
613 SODERS ROAD2026-03$352,7501,99886.8%

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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 →