The Fair Share Report
9 Third Ave
Mount Ephraim, NJ 08052
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 $171,922 – $307,216, from 12 comparable Mount Ephraim sales in the past 18 months, at this home's 1,036 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Ephraim assessments sit below market value — republished every October, applied town-wide. A $254,944 home should be assessed near $143,151.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,351 below what the ratio math suggests (17.0%).
Step 4 · The tax rate — same for every Mount Ephraim home
$2.621 Schools · 49% $0.961 County · 18% $1.766 Town · 33%
Step 5 · The bill
This home vs. every recent Mount Ephraim sale · assessed ÷ market
33%76%
Paying about right
This home's ratio lands inside Mount Ephraim'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 |
|---|---|---|---|---|
| 248 JAMES ST | 2026-04 | $335,000 | 1,084 | 37.9% |
| 248 JAMES ST | 2025-07 | $150,000 | 1,084 | 84.7% |
| 28 JEFFERSON AVE | 2025-10 | $220,000 | 1,090 | 55.5% |
| 902 W KINGS HWY | 2025-10 | $340,000 | 1,150 | 44.0% |
| 850 MARKET ST | 2025-09 | $192,500 | 1,160 | 67.9% |
| 850 MARKET ST | 2025-09 | $155,000 | 1,160 | 84.3% |
| 49 E BUCKINGHAM AVE | 2026-02 | $205,000 | 1,107 | 63.6% |
| 515 GARFIELD AVE | 2025-09 | $220,000 | 894 | 52.0% |
| 225 FOURTH AVE | 2025-07 | $360,000 | 1,214 | 37.3% |
| 337 GRANT AVE | 2025-01 | $345,000 | 1,234 | 41.2% |
| 239 NORTHMONT AVE | 2025-11 | $309,000 | 1,307 | 45.5% |
| 52 S OAK AVE | 2025-05 | $337,000 | 1,168 | 42.7% |
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