The Fair Share Report

166 Brigantine Blvd

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.

Step 1 · Market value

≈ $670,202

Likely range $646,301 – $731,191, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

92.47%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $670,202 home should be assessed near $619,736.

Step 3 · Assessed value

$655,600

Set at the last town-wide revaluation and mostly frozen since. That's $35,864 above what the ratio math suggests (5.8%).

Step 4 · The tax rate — same for every Ocean home

$1.578 per $100 assessed

$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%

Step 5 · The bill

$10,345/yr
Public schools$4,674
Ocean County$2,222
Town of Ocean$3,448
Ocean average$7,377

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

Town median 84.0%
This home · 97.8%

68%107%

Paying about right

This home's ratio lands inside Ocean'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
11 DEAL LN2025-04$580,0002,88890.8%
124 BRIGANTINE BLVD2025-01$685,0002,67386.2%
30 POINT PLEASANT LA2026-05$774,9993,06881.8%
5 LONGPORT CT2026-02$677,0002,88882.9%
9 MARGATE WAY2026-05$782,0003,06879.3%
33 HARVEY CEDAR WAY2026-02$745,0002,78383.3%
10 HARVEY CEDAR WAY2026-06$775,0003,08183.5%
14 HARVEY CEDAR WAY2025-10$779,0003,08183.0%
34 AVALON WAY2025-11$630,0003,06891.7%
158 BRIGANTINE BLVD2026-06$700,0003,06889.8%
32 EAGLESWOOD DR2026-05$620,0002,67386.6%
38 OCEAN GROVE LN2025-08$725,0003,09388.9%

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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 →