The Fair Share Report
2 Edgewater Path
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $456,072 – $524,056, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $478,909 home should be assessed near $264,214.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,814 below what the ratio math suggests (12.8%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
35%69%
Paying about right
This home's ratio lands inside Barnegat's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 28 PIERHEAD DR | 2025-09 | $560,000 | 1,849 | 47.5% |
| 2 KETTLE CREEK CT | 2025-03 | $505,000 | 1,835 | 41.0% |
| 43 WESTPORT DR | 2025-08 | $535,700 | 1,873 | 48.8% |
| 32 VINEYARD WAY | 2025-09 | $450,000 | 1,802 | 58.7% |
| 30 SOLOMANS DR | 2025-11 | $473,000 | 1,868 | 54.9% |
| 142 MIRAGE BLVD | 2025-06 | $530,000 | 1,868 | 47.4% |
| 2 BREEZE TERR | 2025-04 | $478,500 | 1,867 | 43.0% |
| 5 SHOAL DR | 2025-09 | $450,000 | 1,814 | 50.8% |
| 55 HIDDEN LAKE CIR | 2025-01 | $420,000 | 1,868 | 59.9% |
| 29 TURTLE CREEK RUN | 2025-01 | $499,900 | 1,798 | 44.2% |
| 40 MISSION WAY | 2026-02 | $535,000 | 1,881 | 49.2% |
| 5 MINOT LIGHT CT | 2025-08 | $500,000 | 1,856 | 51.8% |
Is this your house?
Run your own report →