The Fair Share Report

300 Wayne Ave

Pine Beach, NJ 08741

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

≈ $621,338

Likely range $496,145 – $723,368, from 12 comparable Pine Beach sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

76.02%

The state's official measure of how far Pine Beach assessments sit below market value — republished every October, applied town-wide. A $621,338 home should be assessed near $472,341.

Step 3 · Assessed value

$420,300

Set at the last town-wide revaluation and mostly frozen since. That's $52,041 below what the ratio math suggests (11.0%).

Step 4 · The tax rate — same for every Pine Beach home

$2.027 per $100 assessed

$0.980 Schools · 48% $0.399 County · 20% $0.648 Town · 32%

Step 5 · The bill

$8,524/yr
Public schools$4,121
Ocean County$1,678
Town of Pine Beach$2,725
Pine Beach average$8,378

This home vs. every recent Pine Beach sale · assessed ÷ market

Town median 73.9%
This home · 67.6%

53%99%

Paying about right

This home's ratio lands inside Pine Beach'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
314 PENNSYLVANIA AVE2025-07$615,0001,98373.9%
410 MERION AVE2025-05$605,0001,54661.2%
235 RADNOR AVE2025-07$515,0002,13068.7%
303 LINCOLN CT2025-11$780,0001,88062.2%
720 RADNOR AVE2025-09$550,0002,19469.9%
436 PENNSYLVANIA AVE2026-02$478,0002,03473.8%
330 RADNOR AVE2025-06$402,0001,52381.7%
216 PROSPECT AVE2025-01$750,0002,02873.9%
416 BUHLER AVE2026-05$540,0001,58380.8%
421 SPRINGFIELD AVE2025-11$499,0001,46074.9%
426 WASHINGTON AVE2025-08$685,0002,48257.2%
411 MOTOR RD2026-04$450,0001,24076.6%

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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 →