The Fair Share Report

9 E 11th St

Avalon, NJ 08055

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

≈ $3,990,142

Likely range $3,377,943 – $4,314,102, from 12 comparable Avalon sales in the past 18 months, at this home's 3,238 sq ft.

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $3,990,142 home should be assessed near $2,165,849.

Step 3 · Assessed value

$2,600,000

Set at the last town-wide revaluation and mostly frozen since. That's $434,151 above what the ratio math suggests (20.0%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$15,808/yr
Public schools$833
Cape May County$8,151
Town of Avalon$6,823
Avalon average$10,663

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

Town median 48.5%
This home · 65.2%

32%82%

A touch high — worth watching

This home's ratio sits above most of Avalon, but doesn't clear NJ's legal appeal line (62.42%).

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

AddressSoldPriceSq ftRatio
270 19TH STREET2025-07$3,500,0003,35550.3%
274 68TH STREET2026-05$4,000,0003,35960.8%
55 W 29TH STREET2025-04$3,175,0003,20763.3%
118 22ND STREET2026-05$4,000,0003,24641.0%
56 E 18TH STREET2025-05$4,450,0003,34057.4%
74 W 7TH STREET2026-06$4,800,0003,46762.5%
283 6TH STREET2026-05$3,140,0003,01987.6%
73 W 25TH STREET2025-05$3,600,0002,96053.6%
153 76TH STREET2025-04$5,100,0003,68472.7%
40 E 13TH STREET2025-11$5,662,5003,52247.2%
176 24TH STREET2025-06$3,575,0003,31249.1%
56 W 22ND STREET2026-02$4,565,0003,55254.3%

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 →