The Fair Share Report

19 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.

Step 1 · Market value

≈ $434,357

Likely range $398,984 – $486,108, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,666 sq ft.

Step 2 · The Director's Ratio

55.17%

The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $434,357 home should be assessed near $239,635.

Step 3 · Assessed value

$173,300

Set at the last town-wide revaluation and mostly frozen since. That's $66,335 below what the ratio math suggests (27.7%).

Step 4 · The tax rate — same for every Barnegat home

$3.082 per $100 assessed

$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%

Step 5 · The bill

$5,343/yr
Public schools$2,647
Ocean County$974
Town of Barnegat$1,721
Barnegat average$7,607

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

Town median 48.5%
This home · 39.9%

30%69%

Keep quiet and enjoy it

This home's assessment ratio sits below the Barnegat 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
74 VILLAGE DR2026-06$479,5001,66637.5%
35 CHESTNUT WAY CIR2025-06$479,1051,64238.7%
73 BARNEGAT BLVD2025-08$328,0001,57441.6%
93 WINDWARD DR2025-07$310,0001,66854.2%
41 DECK ST2025-12$450,0001,72645.2%
119 BARNEGAT BLVD2025-06$410,0001,71241.2%
14 GEORGETOWN BLVD2026-02$398,0001,65049.7%
38 TILLER DR2025-06$437,7501,76039.1%
401-19A BAY SHORE DR2026-05$651,0001,72847.7%
401-7A BAY SHORE DR2025-08$599,0001,72852.0%
401-9A BAY SHORE DR2025-05$630,0001,72849.5%
2 LEE CT2025-11$449,0001,78846.5%

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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 →