The Fair Share Report

32 Eighth St

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.

Step 1 · Market value

≈ $722,463

Likely range $635,665 – $761,219, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.17%

The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $722,463 home should be assessed near $398,583.

Step 3 · Assessed value

$388,600

Set at the last town-wide revaluation and mostly frozen since. That's $9,983 below what the ratio math suggests (2.5%).

Step 4 · The tax rate — same for every Barnegat home

$3.082 per $100 assessed

$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%

Step 5 · The bill

$11,981/yr
Public schools$5,936
Ocean County$2,185
Town of Barnegat$3,860
Barnegat average$7,607

This home vs. every recent Barnegat sale · assessed ÷ market

Town median 48.5%
This home · 53.8%

35%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)

AddressSoldPriceSq ftRatio
119 BENGAL BLVD2026-04$755,0002,85556.1%
13 DORI LA2025-08$660,0002,56552.2%
28 EIGHTH ST2025-03$600,0002,38061.7%
7 WILLOWTREE CT2026-03$640,0002,56051.8%
7 WILLOWTREE CT2025-10$450,0002,56073.7%
10 JENNIFER LA2025-07$715,0002,73351.7%
148 BENGAL BLVD2025-10$590,0002,54458.8%
3 WHISPER WAY2025-02$600,0002,63961.0%
16 NELSON DR2025-10$720,0002,63950.5%
46 RAVENWOOD BLVD2025-11$625,0002,27448.5%
1288 WEST BAY AVE2025-09$750,0002,88750.2%
11 WHISPER WAY2025-08$725,0002,47647.8%

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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 →