The Fair Share Report
7 Embassy Dr
Woolwich, NJ 08085
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 $364,842 – $403,884, from 12 comparable Woolwich 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 Woolwich assessments sit below market value — republished every October, applied town-wide. A $375,333 home should be assessed near $241,489.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,511 above what the ratio math suggests (0.6%).
Step 4 · The tax rate — same for every Woolwich home
$2.090 Schools · 62% $0.706 County · 21% $0.580 Town · 17%
Step 5 · The bill
This home vs. every recent Woolwich sale · assessed ÷ market
48%79%
Paying about right
This home's ratio lands inside Woolwich'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 |
|---|---|---|---|---|
| 4 HYLTON RD | 2025-12 | $407,000 | 1,808 | 57.0% |
| 504 LEXINGTON MEWS | 2025-03 | $375,000 | 1,792 | 56.2% |
| 1801 LEXINGTON MEWS | 2025-11 | $369,000 | 1,748 | 60.2% |
| 1805 LEXINGTON MEWS | 2025-08 | $360,000 | 1,748 | 64.4% |
| 508 LEXINGTON MEWS | 2026-06 | $340,000 | 1,748 | 61.1% |
| 142 RAMONA LN | 2025-12 | $450,000 | 1,809 | 62.1% |
| 215 WESTBROOK DR | 2025-04 | $380,000 | 1,788 | 63.9% |
| 271 WESTBROOK DR | 2026-04 | $400,000 | 1,796 | 59.4% |
| 1901 LEXINGTON MEWS | 2025-07 | $382,614 | 1,744 | 54.3% |
| 1901 LEXINGTON MEWS | 2025-05 | $268,000 | 1,744 | 77.5% |
| 211 WILSHIRE BLVD | 2025-04 | $405,000 | 1,938 | 60.1% |
| 141 WESTBROOK DR | 2025-06 | $370,000 | 1,796 | 65.7% |
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