The Fair Share Report
159 Second Ave
Manasquan, NJ 08736
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 $902,233 – $1,339,725, from 12 comparable Manasquan 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 Manasquan assessments sit below market value — republished every October, applied town-wide. A $1,093,745 home should be assessed near $550,154.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $132,654 below what the ratio math suggests (24.1%).
Step 4 · The tax rate — same for every Manasquan home
$0.936 Schools · 53% $0.402 County · 23% $0.417 Town · 24%
Step 5 · The bill
This home vs. every recent Manasquan sale · assessed ÷ market
26%63%
Paying about right
This home's ratio lands inside Manasquan'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 |
|---|---|---|---|---|
| 75 SECOND AVE | 2026-02 | $1,385,000 | 1,123 | 45.8% |
| 65 PEARCE AVE | 2026-04 | $1,387,000 | 1,083 | 30.1% |
| 44 FARRAGUT AVE N | 2025-10 | $1,130,000 | 1,152 | 43.4% |
| 226 THIRD AVE | 2025-12 | $1,475,000 | 1,348 | 35.1% |
| 63 COLBY AVE | 2025-07 | $960,000 | 1,280 | 33.7% |
| 15 SPRUCE AVE | 2026-01 | $975,000 | 973 | 46.5% |
| 334 PINE AVE | 2026-03 | $1,600,000 | 1,314 | 27.9% |
| 354-354 1/2 EUCLID AVE | 2025-06 | $1,425,857 | 1,339 | 36.5% |
| 28-28-1/2 WYCKOFF AVE | 2026-06 | $1,610,000 | 816 | 26.4% |
| 120 MORRIS AVE | 2025-01 | $795,000 | 912 | 40.1% |
| 59-59-1/2 TAYLOR AVE | 2025-10 | $935,000 | 1,481 | 51.2% |
| 20 NEWARK AVE | 2026-01 | $700,000 | 800 | 59.0% |
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