The Fair Share Report

2 Brielle Ct

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

≈ $657,844

Likely range $604,745 – $720,078, 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 $657,844 home should be assessed near $608,308.

Step 3 · Assessed value

$627,900

Set at the last town-wide revaluation and mostly frozen since. That's $19,592 above what the ratio math suggests (3.2%).

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

$9,908/yr
Public schools$4,477
Ocean County$2,129
Town of Ocean$3,303
Ocean average$7,377

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

Town median 84.0%
This home · 95.4%

68%109%

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
16 BELMAR BLVD2026-03$567,0002,888108.2%
50 AVALON WAY2025-07$675,0002,67380.3%
49 SPRING LAKE BLVD2025-04$671,2503,08198.2%
79 SPRING LAKE BLVD2026-05$600,0002,67398.1%
23 BEACH HAVEN WAY2025-03$720,0002,78391.8%
11 BLUEBEARD DRIVE2025-03$1,078,0003,274100.0%
45 SHIP BOTTOM LN2026-06$705,0002,78389.4%
33 HARVEY CEDAR WAY2026-02$745,0002,78383.3%
32 EAGLESWOOD DR2026-05$620,0002,67386.6%
11 DEAL LN2025-04$580,0002,88890.8%
105 SPRING LAKE BLVD2025-04$710,0003,06888.1%
8 FAIR HAVEN WAY2026-06$744,5003,06887.9%

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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 →