The Fair Share Report

98 Pointers Auburn Rd

Oldmans, NJ 08067

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

≈ $375,000

Likely range $335,000 – $620,000, from 9 comparable Oldmans sales in the past 18 months.

Step 2 · The Director's Ratio

80.69%

The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide. A $375,000 home should be assessed near $302,588.

Step 3 · Assessed value

$232,900

Set at the last town-wide revaluation and mostly frozen since. That's $69,688 below what the ratio math suggests (23.0%).

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

$2.699 per $100 assessed

$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%

Step 5 · The bill

$6,286/yr
Public schools$2,848
Salem County$2,979
Town of Oldmans$459
Oldmans average$5,627

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

Town median 72.1%
This home · 62.1%

32%121%

Paying about right

This home's ratio lands inside Oldmans'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
2 LERRO RD2025-06$375,0001,25659.2%
102 PENNSVL-PEDRICKTN RD2026-03$350,0002,19270.3%
7 NICOLE CIRCLE2025-09$620,00080.5%
85 NEW RD2025-10$360,0001,75248.4%
8 FERRELLS LANE2025-09$281,8751,24868.3%
25 POINTERS-AUBURN RD2025-01$335,0001,56063.7%
267 STRAUGHNS MILL ROAD2025-07$410,0001,47558.8%
2 KATIE DRIVE2025-06$699,90076.8%
2 KATIE DRIVE2025-03$600,00089.7%

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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 →