The Fair Share Report
607 Fourth St
Absecon, NJ 08201
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 $309,781 – $381,597, from 12 comparable Absecon 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 Absecon assessments sit below market value — republished every October, applied town-wide. A $333,035 home should be assessed near $209,046.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,846 below what the ratio math suggests (19.5%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 169 HOBART AVE | 2025-05 | $369,000 | 1,375 | 45.0% |
| 15 W ILLINOIS AVE | 2025-06 | $390,000 | 1,451 | 49.5% |
| 210 COOLIDGE AVE | 2025-12 | $443,000 | 1,276 | 48.8% |
| 300 PITNEY ROAD | 2025-07 | $335,000 | 1,446 | 52.3% |
| 310 PINE ST | 2025-11 | $210,000 | 1,416 | 75.1% |
| 112 WOODCREST AVE | 2025-08 | $344,000 | 1,456 | 56.0% |
| 1109 NEW YORK AVE | 2025-01 | $324,000 | 1,200 | 58.0% |
| 817 SHELBURNE AVE | 2025-04 | $313,000 | 1,422 | 56.9% |
| 1104 BREAKERS AVE | 2025-01 | $330,000 | 1,461 | 56.8% |
| 134D CRESTVIEW AVE | 2025-11 | $390,000 | 1,320 | 44.6% |
| 1 W LEE AVE | 2025-05 | $379,000 | 1,467 | 52.7% |
| 14 KESLER AVE | 2026-03 | $255,000 | 1,557 | 60.0% |
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