The Fair Share Report

809 Katie Ct

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

≈ $720,592

Likely range $524,940 – $779,199, 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 $720,592 home should be assessed near $452,316.

Step 3 · Assessed value

$356,400

Set at the last town-wide revaluation and mostly frozen since. That's $95,916 below what the ratio math suggests (21.2%).

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

$12,535/yr
Public schools$6,191
Atlantic County$2,178
Town of Absecon$4,166
Absecon average$6,048

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

Town median 51.4%
This home · 49.5%

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
821 NEW YORK AVE2026-05$800,0003,54143.9%
172 E FAUNCE LANDING RD2026-06$680,0003,14254.0%
815 NEW YORK AVE2025-06$850,0003,06939.5%
7 RUTH COURT2025-12$560,0003,01458.0%
304 BURNING TREE BLVD2025-11$700,0003,08450.4%
115 LISBON AVE2025-04$665,4003,28649.5%
106 HILLSIDE AVE2025-09$535,0003,24857.4%
105 HILLSIDE AVE2025-11$250,0002,55262.9%
805 KATIE COURT2025-12$585,0002,55150.3%
12 JULIANNA DRIVE2025-09$399,0002,62365.6%
151 CRESTVIEW AVE2025-05$650,0003,05746.1%
1120 PLYMOUTH LANDING RD2025-09$675,0002,51637.2%

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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 →