The Fair Share Report

12 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

≈ $354,876

Likely range $312,954 – $420,521, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).

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 $354,876 home should be assessed near $195,785.

Step 3 · Assessed value

$158,400

Set at the last town-wide revaluation and mostly frozen since. That's $37,385 below what the ratio math suggests (19.1%).

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

$4,883/yr
Public schools$2,420
Ocean County$890
Town of Barnegat$1,573
Barnegat average$7,607

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

Town median 48.5%
This home · 44.6%

32%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
23 SEXTANT DR2026-02$410,0001,36838.7%
148A BAY SHORE DR2026-04$320,0001,37842.2%
148A BAY SHORE DR2025-03$205,0001,37865.8%
136 WINDWARD DR2025-07$365,0001,39042.2%
6 ROXBURY DR2025-10$415,0001,37243.8%
50 LAMP POST DR2025-07$365,0001,40650.7%
39 GEORGETOWN BLVD2025-10$413,0001,40647.2%
13B EMERALD DR2026-02$333,0001,33640.6%
39 MIZZEN DR2026-03$325,0001,35839.6%
34A DENVILLE ST2025-12$295,0001,37843.1%
8 MIZZEN DR2025-08$480,0001,31236.0%
87 VILLAGE DR2026-02$325,0001,33446.8%

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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 →