The Fair Share Report

28 Bryant Rd

Ocean, NJ 08758

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

≈ $360,346

Likely range $306,530 – $411,103, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

92.47%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $360,346 home should be assessed near $333,212.

Step 3 · Assessed value

$227,200

Set at the last town-wide revaluation and mostly frozen since. That's $106,012 below what the ratio math suggests (31.8%).

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

$1.578 per $100 assessed

$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%

Step 5 · The bill

$3,585/yr
Public schools$1,620
Ocean County$770
Town of Ocean$1,195
Ocean average$7,377

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

Town median 84.0%
This home · 63.1%

50%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ocean 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)

AddressSoldPriceSq ftRatio
111 THIRD STREET2025-06$370,00099672.0%
138 SENECA BOULEVARD2025-01$355,00099682.9%
109 CALDWELL ROAD2026-02$467,0001,08894.8%
46 BRYANT ROAD2025-09$330,0001,04067.5%
3 OAK STREET2025-05$316,5001,03677.4%
11 CENTRAL AVENUE2025-07$245,00093285.3%
60 TILLER DRIVE2025-08$385,00093673.3%
204 SECOND STREET2025-09$363,00090863.3%
357 TUSCARORA AVENUE2025-04$435,00093664.9%
26 BAYBERRY DRIVE2025-08$289,00088875.0%
18 MIZZEN WAY2025-03$340,00086973.3%
103 DOVER COURT2025-07$385,0001,16077.3%

Is this your house?

Run your own report →

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 →