The Fair Share Report
9 Spring St
Carneys Point, NJ 08069
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 1 · Market value
Likely range $269,370 – $354,024, from 12 comparable Carneys Point sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $313,152 home should be assessed near $335,981.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,781 below what the ratio math suggests (19.6%).
Step 4 · The tax rate — same for every Carneys Point home
$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%
This home's own bill implies $2.317 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Carneys Point sale · assessed ÷ market
70%124%
Paying about right
This home's ratio lands inside Carneys Point's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 241 BROADWAY | 2025-04 | $239,500 | 1,392 | 104.2% |
| 329 WILSON AVE | 2026-06 | $235,000 | 1,124 | 84.3% |
| 258 H ST | 2026-06 | $185,000 | 1,248 | 108.3% |
| 289 E ST | 2025-10 | $235,000 | 1,293 | 92.4% |
| 119 FIELD ST | 2025-06 | $330,000 | 1,906 | 89.7% |
| 336 COOLIDGE AVE | 2025-06 | $190,000 | 1,044 | 87.0% |
| 26 MAPLEWOOD AVE | 2026-01 | $279,000 | 1,792 | 82.2% |
| 262 LAUREL STREET | 2026-01 | $182,000 | 1,038 | 98.1% |
| 346 COOLIDGE AVE | 2026-01 | $219,900 | 1,014 | 75.0% |
| 341 IVES AVE | 2025-04 | $140,000 | 1,032 | 119.6% |
| 292 C ST | 2026-03 | $305,000 | 1,898 | 113.5% |
| 322 GREEN AVE | 2026-04 | $210,000 | 1,006 | 81.9% |
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