The Fair Share Report
14 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 $365,306 – $479,500, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,666 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 $425,000 home should be assessed near $234,473.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,973 below what the ratio math suggests (23.0%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 93 WINDWARD DR | 2025-07 | $310,000 | 1,668 | 54.2% |
| 119 BARNEGAT BLVD | 2025-06 | $410,000 | 1,712 | 41.2% |
| 74 VILLAGE DR | 2026-06 | $479,500 | 1,666 | 37.5% |
| 35 CHESTNUT WAY CIR | 2025-06 | $479,105 | 1,642 | 38.7% |
| 33 WINDWARD DR | 2025-12 | $360,000 | 1,700 | 46.7% |
| 5 SLOOP CT | 2026-02 | $485,000 | 1,656 | 33.5% |
| 64 WINDWARD DR | 2025-06 | $425,000 | 1,666 | 39.5% |
| 15 TRANSOM LA | 2025-07 | $413,300 | 1,700 | 40.6% |
| 153 SCHOONER AVE | 2025-12 | $425,000 | 1,642 | 39.8% |
| 74 BARNEGAT BLVD | 2026-04 | $475,000 | 1,736 | 38.6% |
| 41 DECK ST | 2025-12 | $450,000 | 1,726 | 45.2% |
| 14B EMERALD DR | 2025-07 | $315,000 | 1,717 | 47.5% |
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