The Fair Share Report
141 Lighthouse Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $563,217 – $590,566, from 12 comparable Ocean sales in the past 18 months, at this home's 2,016 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $583,043 home should be assessed near $539,140.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,960 above what the ratio math suggests (10.9%).
Step 4 · The tax rate — same for every Ocean home
$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
68%112%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $930/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 22 EAGLESWOOD DR | 2026-05 | $585,000 | 1,997 | 85.6% |
| 3 MILLSTONE WAY | 2025-08 | $579,000 | 2,070 | 77.8% |
| 116 DOLLMORE AVENUE | 2026-03 | $635,000 | 2,096 | 94.2% |
| 26 EAGLESWOOD DR | 2025-02 | $560,000 | 2,070 | 85.2% |
| 12 NO OLYMPIA DR | 2026-06 | $550,000 | 2,056 | 87.6% |
| 49 HARVEY CEDAR WAY | 2025-04 | $643,000 | 2,055 | 88.3% |
| 37 PANCOAST RD | 2025-10 | $549,000 | 1,889 | 78.4% |
| 42 EAGLESWOOD DR | 2025-08 | $535,000 | 1,915 | 83.3% |
| 8 EAGLESWOOD DR | 2025-07 | $544,000 | 1,881 | 76.6% |
| 9 BRADLEY BEACH WAY | 2026-03 | $635,000 | 2,183 | 89.4% |
| 20 DEAL LN | 2026-02 | $600,000 | 2,209 | 96.4% |
| 54 PANCOAST RD | 2026-03 | $527,500 | 1,834 | 90.3% |
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