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.

Step 1 · Market value

≈ $313,152

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

107.29%

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

$270,200

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

$2.409 per $100 assessed

$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

$6,262/yr
Public schools$2,261
Salem County$2,667
Town of Carneys Point$1,333
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 86.3%

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)

AddressSoldPriceSq ftRatio
241 BROADWAY2025-04$239,5001,392104.2%
329 WILSON AVE2026-06$235,0001,12484.3%
258 H ST2026-06$185,0001,248108.3%
289 E ST2025-10$235,0001,29392.4%
119 FIELD ST2025-06$330,0001,90689.7%
336 COOLIDGE AVE2025-06$190,0001,04487.0%
26 MAPLEWOOD AVE2026-01$279,0001,79282.2%
262 LAUREL STREET2026-01$182,0001,03898.1%
346 COOLIDGE AVE2026-01$219,9001,01475.0%
341 IVES AVE2025-04$140,0001,032119.6%
292 C ST2026-03$305,0001,898113.5%
322 GREEN AVE2026-04$210,0001,00681.9%

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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 →