The Fair Share Report

25 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

≈ $676,154

Likely range $602,460 – $699,875, 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 $676,154 home should be assessed near $373,034.

Step 3 · Assessed value

$302,700

Set at the last town-wide revaluation and mostly frozen since. That's $70,334 below what the ratio math suggests (18.9%).

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

$9,332/yr
Public schools$4,624
Ocean County$1,702
Town of Barnegat$3,007
Barnegat average$7,607

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

Town median 48.5%
This home · 44.8%

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
117 WINDJAMMER DR2026-05$660,0002,36146.1%
25 PHOEBE DR2026-04$659,0002,36145.9%
15 WOODCHUCK DRIVE2026-03$640,0002,48349.9%
6 HARPOON DR2025-08$730,0002,46143.7%
26 OUTSAIL AVE2025-06$599,9902,42451.0%
36 PHOEBE DR2025-09$650,0002,36146.6%
3 BOBSTAY RD2025-09$615,0002,51957.1%
17 STARRY LANE2025-05$705,0002,48343.0%
63 WOODCHUCK DRIVE2025-01$710,0002,34944.4%
66 COUGAR LANE2025-08$644,9002,59550.5%
28 DYLAN BLVD2026-06$625,0002,22046.5%
115 EDENTON DR2026-02$400,0002,49377.4%

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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 →