The Fair Share Report
3 Sloop Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $319,263 – $425,125, from 12 comparable Barnegat 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 Barnegat assessments sit below market value — republished every October, applied town-wide. A $343,770 home should be assessed near $189,658.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,358 below what the ratio math suggests (18.6%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
31%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 8 MIZZEN DR | 2025-08 | $480,000 | 1,312 | 36.0% |
| 87 VILLAGE DR | 2026-02 | $325,000 | 1,334 | 46.8% |
| 77 VILLAGE DR | 2025-05 | $400,000 | 1,292 | 38.1% |
| 23 SEXTANT DR | 2026-02 | $410,000 | 1,368 | 38.7% |
| 39 MIZZEN DR | 2026-03 | $325,000 | 1,358 | 39.6% |
| 99 VILLAGE DR | 2026-01 | $320,000 | 1,311 | 49.1% |
| 148A BAY SHORE DR | 2026-04 | $320,000 | 1,378 | 42.2% |
| 148A BAY SHORE DR | 2025-03 | $205,000 | 1,378 | 65.8% |
| 36 BOWLINE ST | 2025-09 | $320,000 | 1,252 | 48.3% |
| 230 MONTCLAIR RD S | 2026-02 | $615,000 | 1,310 | 50.6% |
| 72 VILLAGE DR | 2025-05 | $370,000 | 1,472 | 41.8% |
| 57 VILLAGE DR | 2026-05 | $455,000 | 1,472 | 35.5% |
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