The Fair Share Report

116 Brigantine Blvd

Ocean, NJ 08758

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

≈ $606,566

Likely range $528,521 – $705,472, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

92.47%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $606,566 home should be assessed near $560,892.

Step 3 · Assessed value

$573,400

Set at the last town-wide revaluation and mostly frozen since. That's $12,508 above what the ratio math suggests (2.2%).

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

$1.578 per $100 assessed

$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%

Step 5 · The bill

$9,048/yr
Public schools$4,088
Ocean County$1,944
Town of Ocean$3,016
Ocean average$7,377

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

Town median 84.0%
This home · 94.5%

68%114%

Paying about right

This home's ratio lands inside Ocean'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
110 MARINE ROAD2025-03$499,9992,38899.6%
83 SPRING LAKE BLVD2025-11$675,0002,29181.1%
95 ATLANTIC AVENUE2025-01$715,0002,34590.2%
30 EAGLESWOOD DR2026-02$596,0002,29184.0%
79 SPRING LAKE BLVD2026-05$600,0002,67398.1%
50 AVALON WAY2025-07$675,0002,67380.3%
20 DEAL LN2026-02$600,0002,20996.4%
34 SEA GIRT LN2025-03$600,0002,523100.0%
109 OCEAN AVENUE2026-05$545,0002,636100.9%
3 STRATHMERE ST2025-02$560,0002,27088.7%
3 BEACH HAVEN WAY2026-06$670,0002,29182.7%
66 STRATHMERE ST2025-05$535,0002,611103.0%

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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 →