The Fair Share Report

19 Hightide Dr

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

≈ $482,961

Likely range $406,246 – $667,819, 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 $482,961 home should be assessed near $446,594.

Step 3 · Assessed value

$429,000

Set at the last town-wide revaluation and mostly frozen since. That's $17,594 below what the ratio math suggests (3.9%).

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%

This home's own bill implies $1.520 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,520/yr
Public schools$2,946
Ocean County$1,401
Town of Ocean$2,173
Ocean average$7,377

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

Town median 84.0%
This home · 88.8%

59%111%

Paying about right

This home's ratio lands inside Ocean's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
5 NAVAJO DRIVE2025-09$477,5001,79874.2%
211 WELLS MILLS ROAD2026-04$390,0001,82894.2%
59 ATLANTIC AVENUE2025-06$485,0001,87676.4%
130 ADMIRAL WAY2025-12$850,0001,83675.0%
51 OREGON AVENUE2026-05$375,5001,64081.4%
26 GRAND BAY HARBOR2025-08$515,0001,72286.7%
86 ILLINOIS AVENUE2025-08$505,0001,98078.7%
50 LIGHTHOUSE DRIVE2026-06$475,0001,79066.1%
11 TILLER DRIVE2026-01$405,0001,99896.0%
122 ENGLEWOOD AVENUE2026-05$650,0001,80083.6%
10 ONEIDA AVENUE2025-07$450,0001,74077.9%
109 ENGLEWOOD AVENUE2026-05$771,0001,78971.0%

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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 →