The Fair Share Report
313 Third Ave
Belmar, NJ 07719
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 $611,821 – $1,164,467, from 12 comparable Belmar 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 Belmar assessments sit below market value — republished every October, applied town-wide. A $839,211 home should be assessed near $465,007.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $237,193 above what the ratio math suggests (51.0%).
Step 4 · The tax rate — same for every Belmar home
$0.599 Schools · 38% $0.350 County · 22% $0.620 Town · 40%
Step 5 · The bill
This home vs. every recent Belmar sale · assessed ÷ market
35%120%
A touch high — worth watching
This home's ratio sits above most of Belmar, but doesn't clear NJ's legal appeal line (63.72%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1232 PINE TREE WAY | 2026-04 | $766,500 | 1,012 | 41.1% |
| 1208 PINE TREE WAY | 2026-01 | $950,000 | 945 | 45.1% |
| 705 THIRTEENTH AVE | 2025-09 | $650,000 | 1,260 | 55.1% |
| 1803 SNYDER AVE | 2025-01 | $1,175,000 | 904 | 45.5% |
| 110 SEVENTEENTH AVE | 2025-10 | $1,170,000 | 1,187 | 58.7% |
| 201 THIRD AVE., UNIT 4A | 2025-12 | $525,000 | 1,095 | 47.5% |
| 107 EIGHTEENTH AVE | 2026-04 | $1,163,750 | 1,228 | 55.8% |
| 216 FOURTH AVE | 2025-10 | $1,500,000 | — | 43.3% |
| 110 NINETEENTH AVE | 2026-05 | $1,235,000 | 1,280 | 56.3% |
| 1200 BAYVIEW AVE | 2025-03 | $750,000 | 904 | 45.8% |
| 511 ELEVENTH AVE | 2025-09 | $920,000 | 832 | 55.1% |
| 1236 MAPLEWOOD RD | 2026-03 | $620,000 | 923 | 39.9% |
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