The Fair Share Report
707 Breakers Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $387,914 – $519,513, from 12 comparable Absecon 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 Absecon assessments sit below market value — republished every October, applied town-wide. A $454,113 home should be assessed near $285,047.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,547 below what the ratio math suggests (12.8%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 139 PENNSYLVANIA AVE | 2025-10 | $370,000 | 2,422 | 49.2% |
| 1107 BREAKERS AVE | 2025-05 | $390,000 | 1,904 | 51.4% |
| 714 BLENHEIM AVE | 2025-11 | $365,000 | 1,914 | 64.9% |
| 928 TRAYMORE AVE | 2025-12 | $350,000 | 2,598 | 54.6% |
| 11 LISBON AVE | 2026-03 | $285,000 | 1,777 | 63.0% |
| 922 SEASIDE AVE | 2025-07 | $370,000 | 1,740 | 49.5% |
| 718 BLENHEIM AVE | 2025-09 | $419,000 | 1,800 | 50.0% |
| 201 CREEK COURT | 2025-09 | $469,500 | 2,258 | 44.3% |
| 302 CYNWYD DRIVE | 2025-12 | $500,000 | 1,990 | 47.1% |
| 801 NEW YORK AVE | 2025-08 | $449,000 | 1,792 | 48.2% |
| 306 REED RD | 2025-03 | $485,000 | 2,288 | 49.2% |
| 108 VASSAR SQUARE | 2025-04 | $407,900 | 1,710 | 52.8% |
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