The Fair Share Report
820 Second St
Somers Point, NJ 08053
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 2 · The Director's Ratio
The state's official measure of how far Somers Point assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Somers Point home
$1.904 Schools · 51% $0.674 County · 18% $1.144 Town · 31%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Somers Point for a fairness verdict — the town's current median assessment ratio is 47.1%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 215 W CONNECTICUT AVE | 2026-03 | $365,000 | 660 | 36.8% |
| 29 W PIERSON AVE | 2025-04 | $200,000 | 560 | 54.4% |
| 710 W NEW YORK AVE | 2026-02 | $307,000 | 560 | 40.2% |
| 129 W JOHNSON AVE | 2025-05 | $339,000 | 772 | 45.0% |
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