The Fair Share Report

654 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

≈ $382,974

Likely range $307,488 – $430,173, from 12 comparable Absecon sales in the past 18 months, at this home's 1,848 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 $382,974 home should be assessed near $240,393.

Step 3 · Assessed value

$192,700

Set at the last town-wide revaluation and mostly frozen since. That's $47,693 below what the ratio math suggests (19.8%).

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

$6,777/yr
Public schools$3,347
Atlantic County$1,177
Town of Absecon$2,253
Absecon average$6,048

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

Town median 51.4%
This home · 50.3%

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)

AddressSoldPriceSq ftRatio
200 SHOWELLTON AVE2025-08$385,0001,73036.8%
227 MARLIN ROAD2025-12$315,1251,58432.4%
952 SEASIDE AVE2025-02$300,0001,80370.3%
27 SCHOOL ST2025-07$315,0001,52048.6%
614 OHIO AVE2026-04$315,7751,24846.2%
921 NAVAJO AVE2025-10$409,0001,91843.4%
100 E FAUNCE LANDING RD2025-03$409,0002,45050.2%
66 ABLES RUN DRIVE2025-03$325,0001,90049.5%
524 N SHORE RD2026-03$335,0002,65966.5%
801 NEW YORK AVE2025-08$449,0001,79248.2%
718 BLENHEIM AVE2025-09$419,0001,80050.0%
120 LENAPE LANE2025-07$380,0001,64456.1%

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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 →