The Fair Share Report
32 Ellen Ct
Ocean, NJ 07712
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 $842,237 – $1,060,288, from 12 comparable Ocean sales in the past 18 months, at this home's 2,768 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $968,744 home should be assessed near $913,041.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,559 above what the ratio math suggests (8.3%).
Step 4 · The tax rate — same for every Ocean home
$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
72%123%
Paying about right
This home's ratio lands inside Ocean's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 MAHORAS DR | 2025-06 | $900,000 | 2,802 | 98.4% |
| 19 NORTH WOODS RD | 2026-02 | $880,750 | 2,708 | 99.4% |
| 1906 FINDERNE ST | 2025-04 | $1,150,000 | 2,632 | 91.5% |
| 104 PEAR ST | 2026-04 | $999,000 | 2,608 | 126.3% |
| 27 PAL DR | 2025-06 | $1,080,000 | 2,802 | 98.7% |
| 9 TILTON DR | 2025-06 | $875,000 | 3,008 | 100.0% |
| 8 HIGH RIDGE RD | 2025-02 | $860,000 | 2,942 | 100.7% |
| 66 COLD INDIAN SPRING RD | 2026-02 | $740,000 | 2,432 | 98.3% |
| 29 ASCOT DR | 2026-05 | $900,000 | 2,908 | 101.0% |
| 5 NORTH WOODS RD | 2025-04 | $885,500 | 3,121 | 97.6% |
| 44 ASCOT DR | 2025-05 | $869,000 | 2,483 | 100.1% |
| 21 HIGH RIDGE RD | 2026-05 | $909,000 | 2,526 | 101.9% |
Is this your house?
Run your own report →