The Fair Share Report

91 Stokes Rd

Shamong, NJ 08088

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

≈ $468,678

Likely range $437,050 – $533,322, from 12 comparable Shamong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.55%

The state's official measure of how far Shamong assessments sit below market value — republished every October, applied town-wide. A $468,678 home should be assessed near $265,037.

Step 3 · Assessed value

$188,900

Set at the last town-wide revaluation and mostly frozen since. That's $76,137 below what the ratio math suggests (28.7%).

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

$3.322 per $100 assessed

$2.641 Schools · 79% $0.563 County · 17% $0.119 Town · 4%

Step 5 · The bill

$6,277/yr
Public schools$4,989
Burlington County$1,064
Town of Shamong$225
Shamong average$10,322

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

Town median 51.6%
This home · 40.3%

30%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Shamong pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
6 WINNIPEG COURT2025-09$520,0001,84842.7%
15 WICKLOW DRIVE2025-06$430,0001,81649.3%
25 PACKENAH TRAIL2026-01$524,3001,92653.7%
781 MC KENDIMEN ROAD2025-08$455,5001,86048.9%
9 IRONWOOD DRIVE2025-04$495,0001,92845.0%
321 OAK SHADE ROAD2025-10$300,0002,00077.6%
106 HOLLY DRIVE2025-04$525,0002,08850.0%
10 SPEARHEAD TRAIL2025-05$590,0001,64042.0%
174 TUCKERTON RD2025-03$252,0001,96396.5%
86 THREE BRIDGE ROAD2025-03$462,0002,11046.5%
9 BROTHERTON ROAD2025-12$485,0001,66040.7%
92 GRASSY LAKE ROAD2025-06$500,0002,05653.9%

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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 →