The Fair Share Report

303 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

≈ $679,508

Likely range $526,192 – $815,584, 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 $679,508 home should be assessed near $516,562.

Step 3 · Assessed value

$473,300

Set at the last town-wide revaluation and mostly frozen since. That's $43,262 below what the ratio math suggests (8.4%).

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

$9,599/yr
Public schools$4,641
Ocean County$1,889
Town of Pine Beach$3,068
Pine Beach average$8,378

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

Town median 73.9%
This home · 69.7%

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
436 PENNSYLVANIA AVE2026-02$478,0002,03473.8%
235 RADNOR AVE2025-07$515,0002,13068.7%
303 LINCOLN CT2025-11$780,0001,88062.2%
426 WASHINGTON AVE2025-08$685,0002,48257.2%
216 PROSPECT AVE2025-01$750,0002,02873.9%
720 RADNOR AVE2025-09$550,0002,19469.9%
421 SPRINGFIELD AVE2025-11$499,0001,46074.9%
314 PENNSYLVANIA AVE2025-07$615,0001,98373.9%
427 MONMOUTH AVE2026-02$999,0003,24971.5%
416 BUHLER AVE2026-05$540,0001,58380.8%
330 RADNOR AVE2025-06$402,0001,52381.7%
625 HUNTINGTON AVE2025-10$400,0001,25689.8%

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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 →