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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 821 NEW YORK AVE | 2026-05 | $800,000 | 3,541 | 43.9% |
| 172 E FAUNCE LANDING RD | 2026-06 | $680,000 | 3,142 | 54.0% |
| 815 NEW YORK AVE | 2025-06 | $850,000 | 3,069 | 39.5% |
| 7 RUTH COURT | 2025-12 | $560,000 | 3,014 | 58.0% |
| 304 BURNING TREE BLVD | 2025-11 | $700,000 | 3,084 | 50.4% |
| 115 LISBON AVE | 2025-04 | $665,400 | 3,286 | 49.5% |
| 106 HILLSIDE AVE | 2025-09 | $535,000 | 3,248 | 57.4% |
| 105 HILLSIDE AVE | 2025-11 | $250,000 | 2,552 | 62.9% |
| 805 KATIE COURT | 2025-12 | $585,000 | 2,551 | 50.3% |
| 12 JULIANNA DRIVE | 2025-09 | $399,000 | 2,623 | 65.6% |
| 151 CRESTVIEW AVE | 2025-05 | $650,000 | 3,057 | 46.1% |
| 1120 PLYMOUTH LANDING RD | 2025-09 | $675,000 | 2,516 | 37.2% |
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