The Fair Share Report

2 Guyer Ave

Lavallette, NJ 07960

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

≈ $1,721,529

Likely range $1,394,995 – $1,980,967, from 12 comparable Lavallette sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.31%

The state's official measure of how far Lavallette assessments sit below market value — republished every October, applied town-wide. A $1,721,529 home should be assessed near $952,178.

Step 3 · Assessed value

$1,250,200

Set at the last town-wide revaluation and mostly frozen since. That's $298,022 above what the ratio math suggests (31.3%).

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

$1.014 per $100 assessed

$0.182 Schools · 18% $0.552 County · 54% $0.280 Town · 28%

Step 5 · The bill

$12,677/yr
Public schools$2,275
Ocean County$6,901
Town of Lavallette$3,501
Lavallette average$9,175

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

Town median 48.7%
This home · 72.6%

30%95%

A touch high — worth watching

This home's ratio sits above most of Lavallette, but doesn't clear NJ's legal appeal line (63.61%).

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

AddressSoldPriceSq ftRatio
16 PENNSYLVANIA AVE2025-01$1,725,0001,98864.5%
7 BROWN AVE2025-07$2,725,0002,26250.6%
107 BAY BLVD2025-11$1,800,0001,91439.7%
225 BRYN MAWR AVE2026-04$1,825,0001,89551.5%
82 PERSHING BLVD2025-04$1,400,0002,10157.6%
2105A GR CENTRAL AVE2025-04$1,129,0001,53054.1%
2105A GR CENTRAL AVE2025-02$1,129,0001,53054.1%
21 JERSEY CITY AVE2026-03$2,349,9992,24047.5%
101 PRINCETON AVE2025-03$1,475,0001,63244.9%
16 BROWN AVE2026-02$2,100,0002,52853.8%
28 BRYN MAWR AVE2025-12$2,600,0002,31339.8%
11 GUYER AVE UNIT A2026-02$1,259,0001,60046.0%

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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 →