The Fair Share Report

202 John St

Eagleswood, NJ 08092

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

≈ $298,819

Likely range $196,633 – $481,101, from 12 comparable Eagleswood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

58.85%

The state's official measure of how far Eagleswood assessments sit below market value — republished every October, applied town-wide. A $298,819 home should be assessed near $175,855.

Step 3 · Assessed value

$152,000

Set at the last town-wide revaluation and mostly frozen since. That's $23,855 below what the ratio math suggests (13.6%).

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

$2.987 per $100 assessed

$2.013 Schools · 67% $0.497 County · 17% $0.476 Town · 16%

Step 5 · The bill

$4,540/yr
Public schools$3,061
Ocean County$756
Town of Eagleswood$724
Eagleswood average$7,666

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

Town median 53.1%
This home · 50.9%

26%91%

Paying about right

This home's ratio lands inside Eagleswood'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
241 HOMESTEAD AVENUE2025-05$325,50088445.8%
254 ALLEY AVE2025-08$489,00091451.3%
195 JOHN STREET2025-03$250,00085565.4%
197 COX AVENUE2025-09$250,00071453.1%
367 DOCK ROAD2025-08$359,00079240.0%
400 DOCK ROAD2025-05$575,0001,06246.3%
135 FORGE ROAD2025-09$150,00060086.5%
251 ROUTE 92025-06$290,00090041.8%
157 ROUTE 92026-03$165,0001,24076.4%
434 DOCK ROAD2025-11$570,00093641.1%
227 RAILROAD AVENUE2026-05$168,00094084.2%
122 FORGE ROAD2025-03$370,0001,05047.1%

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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 →