The Fair Share Report

28 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

≈ $717,365

Likely range $700,524 – $811,074, 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 $717,365 home should be assessed near $395,770.

Step 3 · Assessed value

$372,800

Set at the last town-wide revaluation and mostly frozen since. That's $22,970 below what the ratio math suggests (5.8%).

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

$11,493/yr
Public schools$5,695
Ocean County$2,096
Town of Barnegat$3,703
Barnegat average$7,607

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

Town median 48.5%
This home · 52.0%

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
159 EDENTON DRIVE2025-10$675,0003,05551.5%
61 MILKY WAY DR2025-12$735,0003,17247.5%
19 WATTS AVE2025-06$832,9992,97543.4%
2 HALF HITCH RD2025-08$672,5002,85253.6%
100 FAWCETT BLVD2026-02$680,0002,85249.2%
15 FIFTH ST2026-04$730,0003,00050.5%
25 TRADEWINDS AVE2025-08$665,0002,85251.0%
52 MUTINEER AVE2025-04$695,0002,85249.1%
23 TRADEWINDS AVE2025-02$712,5002,69646.4%
12 SAMUEL DRIVE2026-01$640,0003,02554.3%
2 HALEY CIRCLE2025-09$738,0003,16548.0%
55 FREEDOM HILLS DRIVE2025-08$650,0003,03456.1%

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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 →