The Fair Share Report
172 First
Keyport, NJ 07735
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 $405,318 – $532,043, from 12 comparable Keyport 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 Keyport assessments sit below market value — republished every October, applied town-wide. A $502,421 home should be assessed near $490,112.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,812 below what the ratio math suggests (2.8%).
Step 4 · The tax rate — same for every Keyport home
$0.999 Schools · 50% $0.205 County · 10% $0.787 Town · 40%
This home's own bill implies $1.819 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Keyport sale · assessed ÷ market
73%123%
Paying about right
This home's ratio lands inside Keyport'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 |
|---|---|---|---|---|
| 138 THIRD | 2026-04 | $523,827 | 1,470 | 83.3% |
| 44 CHURCH | 2025-04 | $470,000 | 1,474 | 100.6% |
| 9 MONMOUTH PL | 2026-01 | $485,000 | 1,392 | 92.3% |
| 104 THERESE | 2026-03 | $530,000 | 1,449 | 94.4% |
| 6 OCTAVIA | 2026-04 | $436,000 | 1,526 | 112.0% |
| 209 BROADWAY | 2026-01 | $450,000 | 1,764 | 96.4% |
| 75 BROAD ST | 2026-03 | $400,000 | 1,372 | 109.8% |
| 36 WASHINGTON ST. | 2025-03 | $525,000 | 1,768 | 101.3% |
| 14 MAY | 2025-02 | $415,000 | 1,086 | 101.0% |
| 30 CHINGARORA | 2025-05 | $550,000 | 1,904 | 96.3% |
| 127 CHINGARORA | 2026-01 | $530,000 | 1,263 | 95.4% |
| 297 WASHINGTON | 2025-02 | $370,000 | 1,008 | 97.2% |
Is this your house?
Run your own report →