The Fair Share Report

8 E Mill St

Oldmans, NJ 08067

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

80.69%

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

Step 3 · Assessed value

$142,100

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

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

$2.699 per $100 assessed

$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%

This home's own bill implies $2.523 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,585/yr
Public schools$1,625
Salem County$1,699
Town of Oldmans$262
Oldmans average$5,627

The record, in full

Not enough closely-comparable recent sales in Oldmans for a fairness verdict — the town's current median assessment ratio is 72.1%.

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

AddressSoldPriceSq ftRatio
34 MAIN ST AUBURN2025-12$293,4802,13460.9%
93 PENNSVL-PEDRICKTN RD2025-08$324,0001,49666.0%
110 N RAILROAD AVE2025-09$120,0001,248102.3%

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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 →