The Fair Share Report

823 Long Ave

Pitman, NJ 08071

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

≈ $277,595

Likely range $220,637 – $312,024, from 12 comparable Pitman sales in the past 18 months, at this home's 968 sq ft.

Step 2 · The Director's Ratio

73.31%

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $277,595 home should be assessed near $203,505.

Step 3 · Assessed value

$170,500

Set at the last town-wide revaluation and mostly frozen since. That's $33,005 below what the ratio math suggests (16.2%).

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

$3.595 per $100 assessed

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

Step 5 · The bill

$6,131/yr
Public schools$3,563
Gloucester County$993
Town of Pitman$1,576
Pitman average$8,619

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

Town median 64.2%
This home · 61.4%

49%90%

Paying about right

This home's ratio lands inside Pitman'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
429 CRAFTON AVE2025-10$180,0001,02498.7%
149 N FERNWOOD AVE2026-02$272,00096056.6%
136 KENTON AVE2025-04$301,50086364.1%
138 N FERNWOOD AVE2025-11$385,0001,06463.4%
616 HIGHLAND TER2025-06$375,0001,20559.3%
416 WESLEY AVE2026-02$310,0001,08155.5%
101 ALCYON BLVD2025-07$165,00080185.2%
16 ADAMS AVE2026-05$430,0001,33464.3%
16 ADAMS AVE2025-05$365,0001,33475.7%
344 COLUMBIA AVE2026-03$330,00090061.8%
21 N FERNWOOD AVE2025-08$359,0001,22168.0%
506 ROOSEVELT AVE2025-03$342,5001,09961.6%

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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 →