The Fair Share Report
2702 Blvd
Ship Bottom, NJ 08050
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 $513,401 – $730,215, from 12 comparable Ship Bottom sales in the past 18 months, at this home's 609 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ship Bottom assessments sit below market value — republished every October, applied town-wide. A $643,958 home should be assessed near $341,877.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $167,277 below what the ratio math suggests (48.9%).
Step 4 · The tax rate — same for every Ship Bottom home
$0.249 Schools · 20% $0.567 County · 46% $0.425 Town · 34%
Step 5 · The bill
This home vs. every recent Ship Bottom sale · assessed ÷ market
18%67%
Keep quiet and enjoy it
This home's assessment ratio sits below the Ship Bottom pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1903 PENNA AVE | 2026-01 | $950,000 | 728 | 39.3% |
| 103 W 24TH ST | 2025-08 | $800,000 | 686 | 43.0% |
| 253 W 21ST ST | 2025-01 | $999,999 | 834 | 33.1% |
| 1810 CENTRAL AVE UNIT #17 | 2026-03 | $420,000 | 559 | 56.1% |
| 123 E 17TH ST C17.02 | 2025-09 | $885,000 | 780 | 58.7% |
| 2012 E BAY TERRACE | 2025-09 | $1,050,000 | 993 | 48.5% |
| 276 W 16TH ST UNIT "1" | 2025-10 | $731,000 | 864 | 46.0% |
| 379 W 8TH ST UNIT "6" | 2025-11 | $915,000 | 1,190 | 46.6% |
| 1810 CENTRAL AVE UNIT #15 | 2026-02 | $725,000 | 860 | 53.9% |
| 1810 CENTRAL AVE UNIT #13 | 2025-01 | $735,000 | 860 | 53.1% |
| 101 E 30TH ST | 2025-05 | $1,350,000 | 1,008 | 36.3% |
| 707 BARNEGAT AVE | 2025-06 | $650,000 | 1,024 | 51.5% |
Is this your house?
Run your own report →