The Fair Share Report

910 Walnut St

Palmyra, NJ 08065

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

≈ $343,513

Likely range $258,146 – $387,740, from 12 comparable Palmyra sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.58%

The state's official measure of how far Palmyra assessments sit below market value — republished every October, applied town-wide. A $343,513 home should be assessed near $187,489.

Step 3 · Assessed value

$162,700

Set at the last town-wide revaluation and mostly frozen since. That's $24,789 below what the ratio math suggests (13.2%).

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

$4.588 per $100 assessed

$2.549 Schools · 56% $0.578 County · 13% $1.461 Town · 32%

Step 5 · The bill

$7,466/yr
Public schools$4,148
Burlington County$941
Town of Palmyra$2,378
Palmyra average$6,832

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

Town median 48.9%
This home · 47.4%

37%72%

Paying about right

This home's ratio lands inside Palmyra'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
905 PARK AVE2025-09$370,0001,36449.6%
480 W FRONT ST2026-02$255,0001,31244.3%
423 W BROAD ST2026-01$180,0001,50074.2%
102 LECONEY CIRCLE2025-11$410,0001,50448.1%
455 HORACE AVE2025-08$340,0001,40841.9%
217 W FRONT ST2025-04$360,0001,48152.4%
416 W HENRY STREET2025-04$320,0001,20847.0%
103 W CHARLES ST2025-07$290,0001,12054.1%
808 WALNUT ST2025-02$237,1001,24880.4%
106 LECONEY CIRCLE2025-09$385,0001,57641.5%
726 PENNSYLVANIA AVE2026-03$360,0001,34448.1%
923 GARFIELD AVENUE2026-01$322,5001,16143.3%

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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 →