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.

Step 1 · Market value

≈ $425,000

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

55.17%

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

$180,500

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

$3.082 per $100 assessed

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

Step 5 · The bill

$5,565/yr
Public schools$2,757
Ocean County$1,015
Town of Barnegat$1,793
Barnegat average$7,607

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

Town median 48.5%
This home · 42.5%

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
93 WINDWARD DR2025-07$310,0001,66854.2%
119 BARNEGAT BLVD2025-06$410,0001,71241.2%
74 VILLAGE DR2026-06$479,5001,66637.5%
35 CHESTNUT WAY CIR2025-06$479,1051,64238.7%
33 WINDWARD DR2025-12$360,0001,70046.7%
5 SLOOP CT2026-02$485,0001,65633.5%
64 WINDWARD DR2025-06$425,0001,66639.5%
15 TRANSOM LA2025-07$413,3001,70040.6%
153 SCHOONER AVE2025-12$425,0001,64239.8%
74 BARNEGAT BLVD2026-04$475,0001,73638.6%
41 DECK ST2025-12$450,0001,72645.2%
14B EMERALD DR2025-07$315,0001,71747.5%

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 →