The Fair Share Report
3 Clearview Dr
Ocean, NJ 07712
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 $980,320 – $1,596,308, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $1,321,025 home should be assessed near $1,245,066.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,434 above what the ratio math suggests (3.3%).
Step 4 · The tax rate — same for every Ocean home
$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%
This home's own bill implies $1.188 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
72%137%
Paying about right
This home's ratio lands inside Ocean'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 |
|---|---|---|---|---|
| 713 ASBURY AVE | 2025-05 | $863,000 | 3,017 | 98.5% |
| 23 BENTLEY LANE | 2026-04 | $1,660,000 | 3,418 | 96.3% |
| 130 WOOLLEY COURT | 2026-04 | $850,000 | 2,875 | 96.9% |
| 139 WOOLLEY COURT | 2025-04 | $880,000 | 2,875 | 100.4% |
| 619 BOWNE RD | 2026-05 | $1,495,000 | 3,326 | 103.1% |
| 150 AMPERE AVE | 2026-01 | $2,450,000 | 3,505 | 77.4% |
| 2 PELICAN CT | 2026-01 | $1,335,000 | 2,821 | 90.5% |
| 8 DEBORAH PL | 2026-03 | $2,800,000 | 3,615 | 77.2% |
| 3 PELICAN CT | 2025-05 | $1,235,000 | 2,815 | 86.3% |
| 102 WOOLLEY COURT | 2025-03 | $975,000 | 2,665 | 96.9% |
| 24 OXFORD DR | 2026-01 | $1,300,000 | 3,234 | 88.2% |
| 42 WHALE POND RD | 2025-02 | $1,950,000 | 2,665 | 98.9% |
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