The Fair Share Report

91 Cir Ave

Pitman, NJ 08071

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

≈ $330,181

Likely range $304,680 – $350,136, from 12 comparable Pitman sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

73.31%

The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $330,181 home should be assessed near $242,056.

Step 3 · Assessed value

$187,000

Set at the last town-wide revaluation and mostly frozen since. That's $55,056 below what the ratio math suggests (22.7%).

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

$3.595 per $100 assessed

$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%

Step 5 · The bill

$6,725/yr
Public schools$3,908
Gloucester County$1,089
Town of Pitman$1,728
Pitman average$8,619

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

Town median 64.2%
This home · 56.6%

48%90%

Paying about right

This home's ratio lands inside Pitman'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
153 W JERSEY AVE2026-04$304,0001,40065.3%
42 FOURTH AVE2025-05$299,9991,45868.4%
620 VASSAR AVE2025-04$352,0001,27469.1%
445 LOCUST AVE UNIT 51022025-09$257,5001,16148.5%
107 ELM AVE2025-08$376,5001,42063.9%
502 BOULEVARD AVE2025-05$315,0001,32865.0%
32 BELLEVUE AVE2025-04$325,0001,45968.2%
51 SIMPSON AVE2025-06$309,0001,33874.0%
19 LAUREL AVE2025-06$337,0001,32656.3%
40 BELLEVUE AVE2025-02$335,0001,34470.8%
130 WALNUT AVE2025-02$270,0001,881113.9%
403 HUDSON AVE2025-10$350,0001,57068.2%

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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 →