The Fair Share Report

21 Wright Rd

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

≈ $622,262

Likely range $598,022 – $671,739, 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 $622,262 home should be assessed near $343,302.

Step 3 · Assessed value

$275,400

Set at the last town-wide revaluation and mostly frozen since. That's $67,902 below what the ratio math suggests (19.8%).

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

$8,491/yr
Public schools$4,207
Ocean County$1,548
Town of Barnegat$2,736
Barnegat average$7,607

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

Town median 48.5%
This home · 44.3%

35%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
28 DYLAN BLVD2026-06$625,0002,22046.5%
34 PHOEBE DR2025-07$599,0002,22047.7%
164 NAUTILUS DR2026-02$700,0002,15240.5%
117 WINDJAMMER DR2026-05$660,0002,36146.1%
6 HOPPER AVE2025-09$640,0002,22044.6%
25 PHOEBE DR2026-04$659,0002,36145.9%
2 MOLLY CT2025-07$675,0002,13842.5%
299 HAWTHORNE LANE2025-10$575,0002,27654.1%
137 COX RD2025-02$585,0002,22049.4%
36 PHOEBE DR2025-09$650,0002,36146.6%
63 WOODCHUCK DRIVE2025-01$710,0002,34944.4%
98 ALEXANDER DR2026-03$685,0002,28842.1%

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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 →