The Fair Share Report
616 Eighth 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 $314,904 – $364,729, 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 $328,296 home should be assessed near $206,071.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,871 below what the ratio math suggests (34.4%).
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
32%78%
Keep quiet and enjoy it
This home's assessment ratio sits below the Absecon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 817 SHELBURNE AVE | 2025-04 | $313,000 | 1,422 | 56.9% |
| 1104 BREAKERS AVE | 2025-01 | $330,000 | 1,461 | 56.8% |
| 1 W LEE AVE | 2025-05 | $379,000 | 1,467 | 52.7% |
| 703 BREAKERS AVE | 2025-08 | $345,000 | 1,536 | 53.4% |
| 9 CORDOVA DR | 2025-07 | $395,100 | 1,501 | 40.3% |
| 1110 BREAKERS AVE | 2026-02 | $365,000 | 1,552 | 59.1% |
| 112 WOODCREST AVE | 2025-08 | $344,000 | 1,456 | 56.0% |
| 5 W LEE AVE | 2025-05 | $365,000 | 1,467 | 48.4% |
| 310 PINE ST | 2025-11 | $210,000 | 1,416 | 75.1% |
| 125 MEADOWVIEW AVE | 2025-02 | $375,000 | 1,646 | 42.1% |
| 300 PITNEY ROAD | 2025-07 | $335,000 | 1,446 | 52.3% |
| 234 HURON AVE | 2025-01 | $299,000 | 1,617 | 57.1% |
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