The Fair Share Report
1663 E Dr
Point Pleasant, NJ 08742
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 $1,179,790 – $1,771,580, from 12 comparable Point Pleasant sales in the past 18 months, at this home's 2,627 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Point Pleasant assessments sit below market value — republished every October, applied town-wide. A $1,352,630 home should be assessed near $724,063.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,063 below what the ratio math suggests (10.6%).
Step 4 · The tax rate — same for every Point Pleasant home
$1.344 Schools · 55% $0.568 County · 23% $0.511 Town · 21%
Step 5 · The bill
This home vs. every recent Point Pleasant sale · assessed ÷ market
31%67%
Paying about right
This home's ratio lands inside Point Pleasant'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 |
|---|---|---|---|---|
| 2117 SEAGULL TERR | 2025-10 | $1,150,000 | 2,710 | 43.8% |
| 1826 SHORE BLVD | 2025-02 | $1,750,000 | 2,595 | 34.6% |
| 1722 RIVIERA CT | 2026-02 | $1,447,000 | 2,854 | 52.5% |
| 1328 SLEEPY HOLLOW | 2026-01 | $1,225,000 | 2,616 | 41.9% |
| 917 BORDEN AVE | 2025-03 | $1,125,000 | 2,314 | 43.6% |
| 2201 RIVER RD BLG 1 #1404 | 2025-12 | $1,600,000 | 2,418 | 38.4% |
| 1851 BAY BLVD | 2025-01 | $1,400,000 | 2,719 | 40.2% |
| 208 GIESE LANE | 2026-01 | $830,000 | 2,608 | 65.1% |
| 1730 BAY BLVD | 2025-12 | $1,850,000 | 2,318 | 39.7% |
| 1616 NORTHSTREAM PKWY | 2025-04 | $850,000 | 2,600 | 59.1% |
| 206 CURTIS AVE | 2025-06 | $1,485,000 | 2,582 | 35.5% |
| 1735 CERTAINTY DR | 2025-09 | $2,165,000 | 2,362 | 36.3% |
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