The Fair Share Report

2 Pershing

Keyport, NJ 07735

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 2 · The Director's Ratio

97.55%

The state's official measure of how far Keyport assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$45,500

Set at the last town-wide revaluation and mostly frozen since.

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

$1.991 per $100 assessed

$0.999 Schools · 50% $0.205 County · 10% $0.787 Town · 40%

This home's own bill implies $1.887 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$859/yr
Public schools$431
Monmouth County$88
Town of Keyport$339
Keyport average$9,216

The record, in full

Not enough closely-comparable recent sales in Keyport for a fairness verdict — the town's current median assessment ratio is 97.1%.

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

AddressSoldPriceSq ftRatio
231 ATLANTIC ST UNIT 832026-04$329,000968102.1%
231 ATLANTIC ST UNIT 812025-06$322,500968104.1%
35 MYRTLE AVE2025-04$435,0001,02095.4%

Is this your house?

Run your own report →

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 →