The Fair Share Report

67 Compromise Rd

Mannington, 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.

Step 1 · Market value

≈ $156,628

Likely range $135,966 – $280,000, from 7 comparable Mannington sales in the past 18 months, at this home's 1,008 sq ft.

Step 2 · The Director's Ratio

80.22%

The state's official measure of how far Mannington assessments sit below market value — republished every October, applied town-wide. A $156,628 home should be assessed near $125,647.

Step 3 · Assessed value

$144,400

Set at the last town-wide revaluation and mostly frozen since. That's $18,753 above what the ratio math suggests (14.9%).

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

$3.559 per $100 assessed

$2.026 Schools · 56% $1.278 County · 35% $0.299 Town · 8%

This home's own bill implies $2.922 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,219/yr
Public schools$2,372
Salem County$1,496
Town of Mannington$350
Mannington average$7,073

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

Town median 58.7%
This home · 92.2%

36%112%

Paying about right

This home's ratio lands inside Mannington'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
81 CHENEY RD2025-08$202,0001,30080.6%
209 MANN-YORKETOWN RD2025-02$285,0001,02665.4%
241 FENWICK RD2025-07$325,0001,09255.1%
466 ALLOWAY WOODSTOWN RD2025-10$150,0001,01264.3%
60 MANN-YORKETOWN RD2025-11$176,0281,30579.6%
111 HACKETT RD2025-11$452,5001,65041.4%
303 ROUTE 452025-10$155,0001,16492.1%

Is this your house?

Run your own report →

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 →