The Fair Share Report

3211 Kickapoo Ave

Point Pleasant, NJ 07753

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

≈ $656,307

Likely range $630,748 – $724,175, from 12 comparable Point Pleasant sales in the past 18 months, at this home's 1,335 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 $656,307 home should be assessed near $351,321.

Step 3 · Assessed value

$268,300

Set at the last town-wide revaluation and mostly frozen since. That's $83,021 below what the ratio math suggests (23.6%).

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

$6,504/yr
Public schools$3,607
Ocean County$1,525
Town of Point Pleasant$1,372
Point Pleasant average$9,764

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

Town median 45.2%
This home · 40.9%

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
2405 CEDAR ST2025-05$635,0001,34447.5%
1139 ROE AVE2025-08$600,0001,27242.8%
2228 WILSON RD2025-05$790,0001,42836.5%
1128 HOLLYWOOD BLVD2025-01$700,0001,38039.3%
1846 RIVIERA PKWY2026-03$800,0001,34432.5%
1320 SUNRISE AVE2025-09$645,0001,31247.5%
607 MARSHALL DR2025-04$725,0001,47840.9%
1229 GARDENS AVE2025-10$681,0001,34446.8%
1316 SUNSET AVE2025-07$581,9001,41349.5%
2222 KENNETH RD2025-06$742,0001,54841.2%
3105 CAMBRIDGE DR2026-03$675,0001,21240.1%
1203 RIVER AVE2025-06$650,0001,33241.6%

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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 →