The Fair Share Report

635 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.

Step 1 · Market value

≈ $196,482

Likely range $143,505 – $280,819, from 12 comparable Absecon sales in the past 18 months, at this home's 928 sq ft.

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $196,482 home should be assessed near $123,332.

Step 3 · Assessed value

$122,300

Set at the last town-wide revaluation and mostly frozen since. That's $1,032 below what the ratio math suggests (0.8%).

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

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

Step 5 · The bill

$4,301/yr
Public schools$2,124
Atlantic County$747
Town of Absecon$1,430
Absecon average$6,048

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

Town median 51.4%
This home · 62.2%

34%91%

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)

AddressSoldPriceSq ftRatio
161 COOLIDGE AVE2025-10$290,00086443.8%
638 EIGHTH ST2026-04$140,00093671.4%
33 NATALIE TERRACE2025-10$294,0001,16548.6%
399 PITNEY RD2026-01$355,00096044.6%
116 COOLIDGE AVE2025-01$165,00099890.2%
219 HURON AVE2025-04$335,0001,16843.0%
233 BAYVIEW DRIVE2025-07$325,0001,07453.1%
22E OYSTER BAY RD2026-02$85,00099396.5%
4L OYSTER BAY RD2025-10$160,0001,02952.1%
123 TWELFTH ST2026-01$135,000873106.0%
308 PINE ST2025-01$259,0001,01467.4%
1 MECHANIC ST #4092025-02$195,00092170.0%

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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 →