The Fair Share Report

730 Second St E

Florence, NJ 08518

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 2 · The Director's Ratio

77.40%

The state's official measure of how far Florence assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$90,500

Set at the last town-wide revaluation and mostly frozen since.

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

$2.789 per $100 assessed

$1.817 Schools · 65% $0.407 County · 15% $0.565 Town · 20%

Step 5 · The bill

$2,941/yr
Public schools$1,916
Burlington County$429
Town of Florence$596
Florence average$6,247

The record, in full

Not enough closely-comparable recent sales in Florence for a fairness verdict — the town's current median assessment ratio is 73.0%.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1026 PARK ST2026-02$190,000896165.9%

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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 →