The Fair Share Report

72 Flyatt Rd

Shamong, NJ 08088

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

≈ $755,843

Likely range $712,122 – $788,173, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $755,843 home should be assessed near $427,429.

Step 3 · Assessed value

$440,800

Set at the last town-wide revaluation and mostly frozen since. That's $13,371 above what the ratio math suggests (3.1%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$14,648/yr
Public schools$11,642
Burlington County$2,482
Town of Shamong$525
Shamong average$10,322

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

Town median 51.6%
This home · 58.3%

37%71%

Paying about right

This home's ratio lands inside Shamong'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
5 CASTLE ROAD2025-07$720,0003,38854.4%
17 SHADOWLAKE LANE2025-01$730,0003,40058.8%
4 MEADOWVIEW DRIVE2025-07$695,0003,10751.3%
3 CANDLE COURT2026-01$725,0003,44650.0%
8 SILVER LAKE DRIVE2025-10$738,0002,71548.3%
5 LIBERTY CIRCLE2026-04$710,0003,11255.8%
119 WINCHESTER WAY2025-02$665,0002,81660.0%
7 SHADOWLAKE LANE2025-05$705,0003,42857.6%
15 YORKTOWN DRIVE2025-12$665,0003,08652.2%
6 BRADFORD DRIVE2025-09$645,0002,80856.5%
363 ATSION ROAD2026-02$755,0003,25560.8%
54 MEADOWVIEW COURT2025-09$685,0002,69153.4%

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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 →