The Fair Share Report
2002 Ocean Front
Lavallette, NJ 07652
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 $3,124,372 – $5,001,697, from 12 comparable Lavallette 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 Lavallette assessments sit below market value — republished every October, applied town-wide. A $3,971,679 home should be assessed near $2,196,736.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,964 above what the ratio math suggests (2.8%).
Step 4 · The tax rate — same for every Lavallette home
$0.182 Schools · 18% $0.552 County · 54% $0.280 Town · 28%
Step 5 · The bill
This home vs. every recent Lavallette sale · assessed ÷ market
30%78%
Paying about right
This home's ratio lands inside Lavallette'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 |
|---|---|---|---|---|
| 171 PERSHING BLVD | 2025-03 | $5,350,000 | 3,559 | 39.4% |
| 133 PERSHING BLVD | 2025-10 | $3,341,000 | 3,644 | 60.6% |
| 15 GUYER AVE | 2025-06 | $3,300,000 | 3,218 | 43.5% |
| 304 OCEAN FRONT | 2026-04 | $3,725,000 | 3,604 | 50.4% |
| 132 NEWARK AVE | 2025-10 | $2,500,000 | 3,096 | 34.4% |
| 5 BROOKLYN AVE | 2026-05 | $3,500,000 | 2,993 | 44.8% |
| 1701 GR CENTRAL AVE | 2025-04 | $1,635,000 | 4,740 | 57.3% |
| 118 CAMDEN AVE | 2025-10 | $989,000 | — | 37.9% |
| 119 CAMDEN AVE | 2026-06 | $1,900,000 | 2,502 | 35.8% |
| 1604 BALTIMORE AVE | 2025-10 | $1,999,999 | 2,382 | 40.1% |
| 16 BRYN MAWR AVE | 2025-02 | $3,050,000 | 2,428 | 41.6% |
| 49 DICKMAN DR | 2025-02 | $1,699,000 | 2,660 | 48.2% |
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