The Fair Share Report
15 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 $307,514 – $406,749, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).
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 $338,982 home should be assessed near $187,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,916 below what the ratio math suggests (16.0%).
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
33%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 |
|---|---|---|---|---|
| 148A BAY SHORE DR | 2026-04 | $320,000 | 1,378 | 42.2% |
| 148A BAY SHORE DR | 2025-03 | $205,000 | 1,378 | 65.8% |
| 6 ROXBURY DR | 2025-10 | $415,000 | 1,372 | 43.8% |
| 23 SEXTANT DR | 2026-02 | $410,000 | 1,368 | 38.7% |
| 33 RAVENWOOD BLVD | 2025-06 | $399,000 | 1,275 | 45.5% |
| 34A DENVILLE ST | 2025-12 | $295,000 | 1,378 | 43.1% |
| 50 LAMP POST DR | 2025-07 | $365,000 | 1,406 | 50.7% |
| 136 WINDWARD DR | 2025-07 | $365,000 | 1,390 | 42.2% |
| 39 GEORGETOWN BLVD | 2025-10 | $413,000 | 1,406 | 47.2% |
| 1 NAUTILUS AVE | 2025-08 | $235,000 | 1,472 | 67.5% |
| 29 RAVENWOOD BLVD | 2026-04 | $389,000 | 1,470 | 50.8% |
| 13B EMERALD DR | 2026-02 | $333,000 | 1,336 | 40.6% |
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