The Fair Share Report

2 Roller Rd E

Ocean, NJ 07712

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

View this home's Plotline record →Check another house →

This home's payments are about right

It sits inside Ocean's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $961,544

Likely range $906,164 – $1,238,713, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

94.25%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $961,544 home should be assessed near $906,255.

Step 3 · Assessed value

$1,193,300

Set at the last town-wide revaluation and mostly frozen since. That's $287,045 above what the ratio math suggests (31.7%).

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

$1.319 per $100 assessed

$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%

This home's own bill implies $1.259 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,019/yr

Public schools$9,114

Monmouth County$2,549

Town of Ocean$3,356

Ocean average$12,291

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

Town median 95.5%

Appeal line 100.00%

This home · 124.1%

72%137%

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

Address	Sold	Price	Sq ft	Ratio
21 DUNE RD	2025-01	$1,137,500	2,694	98.3%
11 STANDISH DR	2026-05	$1,237,500	2,978	90.0%
29 ASCOT DR	2026-05	$900,000	2,908	101.0%
31 CEDAR VILLAGE BLVD	2025-06	$875,000	2,648	100.0%
9 MAHORAS DR	2025-06	$900,000	2,802	98.4%
49 DUNE RD	2026-06	$1,355,000	3,386	86.7%
6 LOTUS CT	2026-03	$955,000	2,689	98.2%
19 NORTH WOODS RD	2026-02	$880,750	2,708	99.4%
24 OXFORD DR	2026-01	$1,300,000	3,234	88.2%
9 TILTON DR	2025-06	$875,000	3,008	100.0%
2 PELICAN CT	2026-01	$1,335,000	2,821	90.5%
10 NOTTINGHAM RD	2025-02	$1,130,000	3,354	97.3%

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