The Fair Share Report
97 Erial Rd
Clementon, NJ 08057
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 $169,020 – $304,680, from 12 comparable Clementon sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Clementon assessments sit below market value — republished every October, applied town-wide. A $189,879 home should be assessed near $118,484.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,616 above what the ratio math suggests (9.8%).
Step 4 · The tax rate — same for every Clementon home
$1.916 Schools · 40% $0.907 County · 19% $1.953 Town · 41%
This home's own bill implies $4.584 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Clementon sale · assessed ÷ market
30%84%
Paying about right
This home's ratio lands inside Clementon'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 |
|---|---|---|---|---|
| 24 ERIAL RD | 2025-05 | $182,500 | 1,728 | 71.1% |
| 218 LAKE AVE | 2026-01 | $153,000 | 1,788 | 102.9% |
| 218 LAKE AVE | 2026-01 | $205,000 | 1,788 | 76.8% |
| 30 OAK LANE | 2025-12 | $167,000 | 1,312 | 78.1% |
| 29 LINCOLN AVE | 2026-04 | $287,000 | 1,665 | 49.2% |
| 44 HIGHLAND AVE | 2026-05 | $180,000 | 1,440 | 79.0% |
| 27 COOPER AVE | 2025-05 | $255,000 | 1,252 | 50.4% |
| 42 CHEWS LANDING RD | 2025-08 | $347,500 | 1,260 | 40.8% |
| 18 TROWBRIDGE LANE | 2026-04 | $175,000 | 1,296 | 57.1% |
| 20 SHETLAND RD | 2026-01 | $227,750 | 1,246 | 31.8% |
| 11 DOVER COURT | 2026-05 | $195,000 | 1,240 | 30.4% |
| 131 CHELSEA CIRCLE | 2025-11 | $170,000 | 1,240 | 35.2% |
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