The Fair Share Report
24 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $531,000 – $624,624, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,947 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $580,000 home should be assessed near $319,986.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,386 below what the ratio math suggests (14.2%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1980 BREAKERS DR | 2025-11 | $580,000 | 1,947 | 47.5% |
| 1980 BREAKERS DR | 2025-02 | $507,500 | 1,947 | 54.3% |
| 2 CARLTON CT | 2025-06 | $659,900 | 1,968 | 50.2% |
| 66 BUTLER DRIVE | 2026-02 | $615,000 | 1,917 | 49.7% |
| 12 FULLRIGGER AVE | 2025-09 | $580,000 | 1,947 | 47.9% |
| 145 EDENTON DRIVE | 2025-05 | $570,000 | 2,084 | 48.3% |
| 91 RACCOON LANE | 2025-07 | $615,000 | 2,055 | 45.8% |
| 38 ROCKLAND ST | 2025-07 | $500,000 | 1,878 | 52.6% |
| 42 BUTLER DRIVE | 2025-04 | $550,000 | 1,880 | 49.1% |
| 31 TWILIGHT DRIVE | 2025-08 | $595,000 | 1,895 | 43.7% |
| 34 PHOEBE DR | 2025-07 | $599,000 | 2,220 | 47.7% |
| 164 NAUTILUS DR | 2026-02 | $700,000 | 2,152 | 40.5% |
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