The Fair Share Report

73 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

≈ $1,075,331

Likely range $943,632 – $1,321,143, from 12 comparable Shamong sales in the past 18 months, at this home's 4,395 sq ft.

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 $1,075,331 home should be assessed near $608,100.

Step 3 · Assessed value

$551,900

Set at the last town-wide revaluation and mostly frozen since. That's $56,200 below what the ratio math suggests (9.2%).

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

$18,340/yr
Public schools$14,576
Burlington County$3,107
Town of Shamong$657
Shamong average$10,322

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

Town median 51.6%
This home · 51.3%

36%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
372 ATSION ROAD2025-10$1,500,0004,49746.6%
19 CRESTED BUTTE COURT2025-09$885,0004,49371.3%
87 GRASSY LAKE ROAD2025-03$832,5004,08048.9%
1400 OLD INDIAN MILLS RD2025-05$911,0003,86740.9%
13 STONY CREEK COURT2026-05$838,0003,42552.1%
128 WILLOW GROVE RD2025-07$949,9003,16048.7%
236 INDIAN MILLS RD2025-07$689,9002,63254.5%
16 BRECKENRIDGE DRIVE2025-06$1,200,0005,48069.3%
283 FORKED NECK ROAD2025-09$765,0003,64469.6%
24 CRESTED BUTTE COURT2025-07$1,101,0003,12946.2%
9 LANE OF ACRES2025-01$750,0002,94657.3%
17 SHADOWLAKE LANE2025-01$730,0003,40058.8%

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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 →