The Fair Share Report
10 Sloop Ct
Barnegat, NJ 08005
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 $404,253 – $525,870, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,942 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $474,756 home should be assessed near $261,923.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,423 below what the ratio math suggests (27.7%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
31%69%
Paying about right
This home's ratio lands inside Barnegat'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 |
|---|---|---|---|---|
| 16 ENSIGN AVE | 2026-02 | $379,900 | 1,904 | 48.1% |
| 8 COMPASS LA | 2025-09 | $475,000 | 1,943 | 47.1% |
| 19 MIDSHIP DR | 2026-03 | $495,000 | 1,828 | 37.1% |
| 19 MIDSHIP DR | 2026-01 | $265,000 | 1,828 | 69.4% |
| 29 ASPEN CIR | 2025-01 | $487,000 | 1,804 | 44.4% |
| 41 BAYSIDE AVE | 2025-01 | $408,000 | 1,960 | 54.1% |
| 168 VILLAGE DR | 2025-04 | $360,000 | 1,844 | 47.8% |
| 6 RENO CT | 2025-10 | $459,000 | 1,960 | 44.2% |
| 30 BEACON DR | 2025-03 | $515,000 | 1,884 | 43.3% |
| 74 BARNEGAT BLVD | 2026-04 | $475,000 | 1,736 | 38.6% |
| 33 COMPASS LA | 2026-04 | $450,000 | 2,008 | 51.7% |
| 33 WINDWARD DR | 2025-12 | $360,000 | 1,700 | 46.7% |
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