The Fair Share Report

3210 Kickapoo Ave

Point Pleasant, NJ 08742

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

≈ $540,610

Likely range $504,514 – $658,167, from 12 comparable Point Pleasant sales in the past 18 months, at this home's 1,039 sq ft.

Step 2 · The Director's Ratio

53.53%

The state's official measure of how far Point Pleasant assessments sit below market value — republished every October, applied town-wide. A $540,610 home should be assessed near $289,389.

Step 3 · Assessed value

$250,600

Set at the last town-wide revaluation and mostly frozen since. That's $38,789 below what the ratio math suggests (13.4%).

Step 4 · The tax rate — same for every Point Pleasant home

$2.423 per $100 assessed

$1.344 Schools · 55% $0.568 County · 23% $0.511 Town · 21%

Step 5 · The bill

$6,075/yr
Public schools$3,369
Ocean County$1,424
Town of Point Pleasant$1,281
Point Pleasant average$9,764

This home vs. every recent Point Pleasant sale · assessed ÷ market

Town median 45.2%
This home · 46.4%

32%67%

Paying about right

This home's ratio lands inside Point Pleasant'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
1202 SUNSET AVE2026-03$615,0001,04048.4%
2406 CHESTNUT ST2025-10$525,0001,00948.9%
528 DELAWARE AVE2026-01$765,0001,09842.7%
221 IDA DR2025-04$478,0001,00452.5%
233 PASSAIC AVE2025-07$680,0001,03742.8%
1335 SUNRISE AVE2026-05$680,0001,02840.1%
531 OAK TERR2025-11$510,0001,01452.5%
1412 DORSETT DOCK RD2026-04$501,0001,07148.5%
603 RIVER AVE2026-05$625,0001,13144.9%
1155 LOCKHART LANE2026-05$655,0001,03440.6%
902 SUNSET AVE2026-04$478,0001,07351.6%
3220 MATTAPAN AVE2025-03$460,00093654.3%

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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 →