The Fair Share Report

2 Sloop Ct

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.

Step 1 · Market value

≈ $351,241

Likely range $304,250 – $412,016, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.17%

The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $351,241 home should be assessed near $193,780.

Step 3 · Assessed value

$155,700

Set at the last town-wide revaluation and mostly frozen since. That's $38,080 below what the ratio math suggests (19.7%).

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

$3.082 per $100 assessed

$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%

Step 5 · The bill

$4,800/yr
Public schools$2,378
Ocean County$875
Town of Barnegat$1,547
Barnegat average$7,607

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

Town median 48.5%
This home · 44.3%

32%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)

AddressSoldPriceSq ftRatio
148A BAY SHORE DR2026-04$320,0001,37842.2%
148A BAY SHORE DR2025-03$205,0001,37865.8%
6 ROXBURY DR2025-10$415,0001,37243.8%
33 RAVENWOOD BLVD2025-06$399,0001,27545.5%
34A DENVILLE ST2025-12$295,0001,37843.1%
23 SEXTANT DR2026-02$410,0001,36838.7%
1 NAUTILUS AVE2025-08$235,0001,47267.5%
50 LAMP POST DR2025-07$365,0001,40650.7%
136 WINDWARD DR2025-07$365,0001,39042.2%
1B OPAL CT2025-06$315,0001,37838.4%
39 GEORGETOWN BLVD2025-10$413,0001,40647.2%
13B EMERALD DR2026-02$333,0001,33640.6%

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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 →