The Fair Share Report

730 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.

Step 1 · Market value

≈ $428,690

Likely range $361,318 – $491,594, from 12 comparable Absecon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $428,690 home should be assessed near $269,089.

Step 3 · Assessed value

$232,000

Set at the last town-wide revaluation and mostly frozen since. That's $37,089 below what the ratio math suggests (13.8%).

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

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

Step 5 · The bill

$8,159/yr
Public schools$4,030
Atlantic County$1,418
Town of Absecon$2,712
Absecon average$6,048

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

Town median 51.4%
This home · 54.1%

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)

AddressSoldPriceSq ftRatio
1107 BREAKERS AVE2025-05$390,0001,90451.4%
714 BLENHEIM AVE2025-11$365,0001,91464.9%
11 LISBON AVE2026-03$285,0001,77763.0%
922 SEASIDE AVE2025-07$370,0001,74049.5%
302 CYNWYD DRIVE2025-12$500,0001,99047.1%
718 BLENHEIM AVE2025-09$419,0001,80050.0%
801 NEW YORK AVE2025-08$449,0001,79248.2%
139 PENNSYLVANIA AVE2025-10$370,0002,42249.2%
928 TRAYMORE AVE2025-12$350,0002,59854.6%
108 VASSAR SQUARE2025-04$407,9001,71052.8%
1110 BREAKERS AVE2026-02$365,0001,55259.1%
234 HURON AVE2025-01$299,0001,61757.1%

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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 →