The Fair Share Report

83 New Rd

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

$222,800

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%

Step 5 · The bill

$6,013/yr
Public schools$2,725
Salem County$2,850
Town of Oldmans$439
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
52 PEDRICKTN-WOODSTN RD2024-12$400,0002,28279.0%
118 POINTERS-AUBURN RD2025-12$475,0002,11248.6%
8 FERRELLS LANE2025-09$281,8751,24868.3%

Is this your house?

Run your own report →

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 →