The Fair Share Report
17 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 $327,610 – $434,414, 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 $355,000 home should be assessed near $195,854.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,154 below what the ratio math suggests (12.8%).
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
34%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 |
|---|---|---|---|---|
| 102 BARNEGAT BLVD | 2026-01 | $355,000 | 1,446 | 47.5% |
| 148A BAY SHORE DR | 2026-04 | $320,000 | 1,378 | 42.2% |
| 148A BAY SHORE DR | 2025-03 | $205,000 | 1,378 | 65.8% |
| 5 MIDSHIP DR | 2025-07 | $370,000 | 1,522 | 43.2% |
| 10 BUXTON CT | 2025-12 | $518,000 | 1,490 | 41.7% |
| 10 LAFAYETTE CT | 2025-03 | $410,000 | 1,392 | 48.3% |
| 1 NAUTILUS AVE | 2025-08 | $235,000 | 1,472 | 67.5% |
| 26 RAVENWOOD BLVD | 2025-05 | $400,000 | 1,320 | 42.2% |
| 1B OPAL CT | 2025-06 | $315,000 | 1,378 | 38.4% |
| 12 NINTH ST | 2025-01 | $420,000 | 1,448 | 47.9% |
| 29 RAVENWOOD BLVD | 2026-04 | $389,000 | 1,470 | 50.8% |
| 73 BARNEGAT BLVD | 2025-08 | $328,000 | 1,574 | 41.6% |
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