The Fair Share Report

2 E 83rd St

Harvey Cedars, NJ 08055

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

≈ $1,557,734

Likely range $1,377,551 – $1,853,654, from 12 comparable Harvey Cedars sales in the past 18 months, at this home's 1,300 sq ft.

Step 2 · The Director's Ratio

52.42%

The state's official measure of how far Harvey Cedars assessments sit below market value — republished every October, applied town-wide. A $1,557,734 home should be assessed near $816,564.

Step 3 · Assessed value

$2,004,400

Set at the last town-wide revaluation and mostly frozen since. That's $1,187,836 above what the ratio math suggests (145.5%).

Step 4 · The tax rate — same for every Harvey Cedars home

$1.112 per $100 assessed

$0.253 Schools · 23% $0.541 County · 49% $0.317 Town · 29%

Step 5 · The bill

$22,289/yr
Public schools$5,076
Ocean County$10,854
Town of Harvey Cedars$6,360
Harvey Cedars average$12,503

This home vs. every recent Harvey Cedars sale · assessed ÷ market

Town median 46.1%
This home · 128.7%

32%151%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.28%) — roughly $13,209/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8 E 73RD ST2026-05$4,200,00048.8%
13 E 76TH ST2025-12$3,862,50038.3%
8 W 77TH ST2025-02$1,350,0001,27440.9%
9 W 79TH ST2026-02$1,575,0001,20037.3%
11 E ESSEX AVE2026-01$1,995,0001,21969.1%
3 E MIDDLESEX AVE2025-02$2,975,00049.7%
44 W 80TH ST2025-01$2,870,00046.1%
5407 LONG BEACH BLVD2025-09$1,300,0001,09252.4%
3 WARWICK AVE2025-12$2,087,5001,46444.0%
36 W 80TH ST2025-08$1,350,0001,02642.5%
2 E CUMBERLAND AVE2025-09$1,599,0001,58443.5%
24 MAIDEN LANE2026-05$2,200,0001,83646.0%

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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 →