The Fair Share Report
31 Cedars Ave
Harvey Cedars, NJ 08055
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 $1,326,521 – $1,996,509, from 12 comparable Harvey Cedars 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 Harvey Cedars assessments sit below market value — republished every October, applied town-wide. A $1,802,063 home should be assessed near $944,641.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $480,641 below what the ratio math suggests (50.9%).
Step 4 · The tax rate — same for every Harvey Cedars home
$0.253 Schools · 23% $0.541 County · 49% $0.317 Town · 29%
Step 5 · The bill
This home vs. every recent Harvey Cedars sale · assessed ÷ market
18%70%
Keep quiet and enjoy it
This home's assessment ratio sits below the Harvey Cedars pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 W 79TH ST | 2026-02 | $1,575,000 | 1,200 | 37.3% |
| 24 MAIDEN LANE | 2026-05 | $2,200,000 | 1,836 | 46.0% |
| 36 W 80TH ST | 2025-08 | $1,350,000 | 1,026 | 42.5% |
| 8 W 77TH ST | 2025-02 | $1,350,000 | 1,274 | 40.9% |
| 3 W 75TH ST | 2025-06 | $1,350,000 | 1,776 | 37.4% |
| 5407 LONG BEACH BLVD | 2025-09 | $1,300,000 | 1,092 | 52.4% |
| 2 E CUMBERLAND AVE | 2025-09 | $1,599,000 | 1,584 | 43.5% |
| 3 WARWICK AVE | 2025-12 | $2,087,500 | 1,464 | 44.0% |
| 11 E ESSEX AVE | 2026-01 | $1,995,000 | 1,219 | 69.1% |
| 5 E 73RD ST | 2026-05 | $1,999,999 | 1,932 | 40.0% |
| 8306 BAY TERRACE | 2025-02 | $2,740,000 | 1,952 | 54.3% |
| 14 BUCKINGHAM AVE | 2025-08 | $1,465,000 | 1,642 | 56.3% |
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