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.

Step 1 · Market value

≈ $474,756

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

55.17%

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

$189,500

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

$3.082 per $100 assessed

$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%

Step 5 · The bill

$5,842/yr
Public schools$2,895
Ocean County$1,065
Town of Barnegat$1,882
Barnegat average$7,607

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

Town median 48.5%
This home · 39.9%

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)

AddressSoldPriceSq ftRatio
16 ENSIGN AVE2026-02$379,9001,90448.1%
8 COMPASS LA2025-09$475,0001,94347.1%
19 MIDSHIP DR2026-03$495,0001,82837.1%
19 MIDSHIP DR2026-01$265,0001,82869.4%
29 ASPEN CIR2025-01$487,0001,80444.4%
41 BAYSIDE AVE2025-01$408,0001,96054.1%
168 VILLAGE DR2025-04$360,0001,84447.8%
6 RENO CT2025-10$459,0001,96044.2%
30 BEACON DR2025-03$515,0001,88443.3%
74 BARNEGAT BLVD2026-04$475,0001,73638.6%
33 COMPASS LA2026-04$450,0002,00851.7%
33 WINDWARD DR2025-12$360,0001,70046.7%

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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 →