The Fair Share Report

86 Three Bridge Rd

Shamong, NJ 08088

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

≈ $541,727

Likely range $508,142 – $574,389, from 12 comparable Shamong sales in the past 18 months, at this home's 2,110 sq ft.

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $541,727 home should be assessed near $306,347.

Step 3 · Assessed value

$214,600

Set at the last town-wide revaluation and mostly frozen since. That's $91,747 below what the ratio math suggests (29.9%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$7,131/yr
Public schools$5,668
Burlington County$1,208
Town of Shamong$255
Shamong average$10,322

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

Town median 51.6%
This home · 39.6%

32%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Shamong pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
106 HOLLY DRIVE2025-04$525,0002,08850.0%
321 OAK SHADE ROAD2025-10$300,0002,00077.6%
4 PACKENAH TRAIL2025-05$585,0002,25546.6%
25 WALLINGFORD WAY2025-07$570,0002,13642.8%
124 STRAWBERRY DRIVE2025-08$685,0002,06642.1%
25 PACKENAH TRAIL2026-01$524,3001,92653.7%
9 IRONWOOD DRIVE2025-04$495,0001,92845.0%
781 MC KENDIMEN ROAD2025-08$455,5001,86048.9%
19 LAMPLIGHTER LANE2025-03$630,0002,24051.4%
55 MILLSTONE DRIVE2025-02$525,0002,18053.4%
92 GRASSY LAKE ROAD2025-06$500,0002,05653.9%
25 MILL ROAD2025-06$530,0001,95146.0%

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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 →