The Fair Share Report

19 Bryant Rd

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

≈ $426,161

Likely range $406,724 – $612,163, 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 $426,161 home should be assessed near $394,071.

Step 3 · Assessed value

$284,200

Set at the last town-wide revaluation and mostly frozen since. That's $109,871 below what the ratio math suggests (27.9%).

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

$4,485/yr
Public schools$2,026
Ocean County$963
Town of Ocean$1,495
Ocean average$7,377

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

Town median 84.0%
This home · 66.7%

41%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ocean pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
87 BONITA ROAD2025-10$430,0001,19068.9%
21 PEG LEG WAY2026-02$625,0001,32788.2%
85 HOLLY DRIVE2025-01$350,0001,22986.1%
17 LONG JOHN SILVER WAY2025-10$645,0001,30686.0%
156 WELLS MILLS ROAD2026-02$405,0001,58686.1%
17 PENNSYLVANIA AVENUE2026-05$407,0001,36880.4%
30 NAUTILUS ROAD2025-09$380,0001,22468.4%
12 ONE EYE WAY2025-07$550,0001,396105.1%
16 DAVEY JONES WAY2026-04$600,0001,40292.0%
71 SHERIDAN STREET2025-07$700,0001,58971.5%
14 VESSEL ROAD2026-05$979,0001,59970.5%
76 POPLAR STREET2026-02$360,0001,17069.1%

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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 →