The Fair Share Report
174 Second Ave
Manasquan, NJ 08048
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 $1,591,453 – $2,561,836, 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 $2,015,188 home should be assessed near $1,013,640.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,040 below what the ratio math suggests (6.4%).
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
27%65%
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 |
|---|---|---|---|---|
| 43 OLD SQUAN RD | 2026-03 | $1,980,000 | 2,926 | 40.9% |
| 153 SOUTH ST | 2025-04 | $1,800,000 | 2,848 | 43.8% |
| 47 CLARK ST | 2025-06 | $1,625,000 | 3,245 | 50.7% |
| 34 BROAD ST, UNIT 306 | 2026-01 | $805,000 | — | 65.8% |
| 442 BRIELLE RD | 2025-08 | $2,350,000 | 2,825 | 39.1% |
| 80 ALLEN AVE | 2025-08 | $1,795,000 | 3,135 | 41.1% |
| 124 MORRIS AVE | 2025-05 | $1,440,000 | 2,588 | 43.1% |
| 6 PEARCE CT | 2025-08 | $3,180,000 | 2,305 | 27.8% |
| 394 VIRGINIA AVE E | 2026-02 | $2,500,000 | 3,430 | 32.6% |
| 580-4 MAIN ST E | 2025-11 | $1,100,000 | 2,536 | 54.6% |
| 386 PERRINE BLVD | 2025-11 | $2,499,000 | 2,496 | 32.8% |
| 22 WOODLAND AVE | 2026-01 | $1,810,000 | 2,646 | 41.9% |
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