The Fair Share Report

19 Strathmere St

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

≈ $643,995

Likely range $595,795 – $693,969, from 12 comparable Ocean sales in the past 18 months, at this home's 2,708 sq ft.

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 $643,995 home should be assessed near $595,502.

Step 3 · Assessed value

$568,900

Set at the last town-wide revaluation and mostly frozen since. That's $26,602 below what the ratio math suggests (4.5%).

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

$8,977/yr
Public schools$4,056
Ocean County$1,929
Town of Ocean$2,992
Ocean average$7,377

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

Town median 84.0%
This home · 88.3%

68%105%

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
124 BRIGANTINE BLVD2025-01$685,0002,67386.2%
33 HARVEY CEDAR WAY2026-02$745,0002,78383.3%
32 EAGLESWOOD DR2026-05$620,0002,67386.6%
66 STRATHMERE ST2025-05$535,0002,611103.0%
18 SEA GIRT LN2025-01$675,0003,06881.1%
45 SHIP BOTTOM LN2026-06$705,0002,78389.4%
34 SEA GIRT LN2025-03$600,0002,523100.0%
5 LONGPORT CT2026-02$677,0002,88882.9%
23 BEACH HAVEN WAY2025-03$720,0002,78391.8%
11 DEAL LN2025-04$580,0002,88890.8%
61 STRATHMERE ST2025-01$740,0003,06881.5%
79 SPRING LAKE BLVD2026-05$600,0002,67398.1%

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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 →