The Fair Share Report

134 Third

Keyport, NJ 07735

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

≈ $499,654

Likely range $444,004 – $569,200, from 12 comparable Keyport sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.55%

The state's official measure of how far Keyport assessments sit below market value — republished every October, applied town-wide. A $499,654 home should be assessed near $487,412.

Step 3 · Assessed value

$514,100

Set at the last town-wide revaluation and mostly frozen since. That's $26,688 above what the ratio math suggests (5.5%).

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

$1.991 per $100 assessed

$0.999 Schools · 50% $0.205 County · 10% $0.787 Town · 40%

This home's own bill implies $1.823 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,374/yr
Public schools$4,704
Monmouth County$965
Town of Keyport$3,705
Keyport average$9,216

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

Town median 97.1%
This home · 102.9%

73%121%

Paying about right

This home's ratio lands inside Keyport'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
44 CHURCH2025-04$470,0001,474100.6%
138 THIRD2026-04$523,8271,47083.3%
84 ELIZABETH STREET2025-03$601,0001,53988.9%
30 CHINGARORA2025-05$550,0001,90496.3%
195 ATLANTIC2026-01$435,0001,200110.2%
40 CHURCH STREET2026-03$360,0002,039106.1%
127 CHINGARORA2026-01$530,0001,26395.4%
75 BROAD ST2026-03$400,0001,372109.8%
6 OCTAVIA2026-04$436,0001,526112.0%
36 WASHINGTON ST.2025-03$525,0001,768101.3%
209 BROADWAY2026-01$450,0001,76496.4%
142 WASHINGTON2025-02$560,0002,062101.2%

Is this your house?

Run your own report →

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 →