The Fair Share Report
64 Cedar Dr
Dennis, NJ 08079
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 $210,000 – $340,000, from 12 comparable Dennis sales in the past 18 months, at this home's 966 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $264,606 home should be assessed near $175,381.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,781 below what the ratio math suggests (5.0%).
Step 4 · The tax rate — same for every Dennis home
$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%
Step 5 · The bill
This home vs. every recent Dennis sale · assessed ÷ market
42%99%
Paying about right
This home's ratio lands inside Dennis'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 |
|---|---|---|---|---|
| 92 CEDAR DR | 2026-05 | $340,000 | 966 | 49.0% |
| 21 RED CEDAR DR | 2025-10 | $365,000 | 782 | 52.4% |
| 45 OCEAN VIEW DR | 2025-02 | $200,000 | 1,296 | 83.7% |
| 41 SUNNY LA | 2025-05 | $355,000 | 1,296 | 47.5% |
| 14 CEDAR DR | 2025-02 | $335,000 | 1,516 | 58.3% |
| 205 DENNISVILLE RD | 2025-10 | $275,000 | 816 | 51.8% |
| 155 CHESTNUT ST | 2026-05 | $382,000 | 1,580 | 47.3% |
| 113 SCHOOL HOUSE RD | 2025-08 | $175,000 | 1,026 | 93.4% |
| 7 MIRANDA LA | 2025-09 | $445,000 | 1,428 | 47.9% |
| 291 MAIN ST | 2025-10 | $150,000 | 980 | 99.3% |
| 62 CEDAR DR | 2025-04 | $468,000 | 1,293 | 50.6% |
| 342 MAIN ST | 2025-04 | $425,000 | 1,640 | 53.1% |
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