The Fair Share Report
718 Cedar Ave
Pitman, NJ 08071
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 $510,672 – $648,398, from 12 comparable Pitman 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 Pitman assessments sit below market value — republished every October, applied town-wide. A $553,168 home should be assessed near $405,527.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,027 below what the ratio math suggests (4.4%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
50%90%
Paying about right
This home's ratio lands inside Pitman'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 |
|---|---|---|---|---|
| 69 COLONIAL AVE | 2025-11 | $539,900 | 2,450 | 69.7% |
| 49 WILDWOOD AVE | 2026-06 | $630,000 | 3,397 | 65.9% |
| 453 E HOLLY AVE | 2025-02 | $435,000 | 2,194 | 67.3% |
| 422 ROOSEVELT AVE | 2025-04 | $347,000 | 1,989 | 69.5% |
| 16 KENTON AVE | 2025-11 | $530,000 | 2,282 | 65.3% |
| 407 N BROADWAY | 2025-08 | $420,000 | 2,885 | 63.4% |
| 141 CRAFTON AVE | 2025-11 | $520,000 | 2,291 | 70.8% |
| 329 PITMAN AVE | 2025-01 | $450,000 | 2,057 | 72.1% |
| 103 N BRENTWOOD AVE | 2026-03 | $540,000 | 2,235 | 55.1% |
| 518 CAREW AVE | 2025-07 | $750,000 | 2,885 | 73.0% |
| 368 PITMAN AVE | 2026-02 | $360,000 | 1,830 | 62.5% |
| 448 LAKE AVE | 2025-11 | $499,750 | 2,589 | 65.1% |
Is this your house?
Run your own report →