The Fair Share Report

3214 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

≈ $651,456

Likely range $541,683 – $698,720, from 12 comparable Point Pleasant sales in the past 18 months (home size estimated from assessor data — range widened).

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 $651,456 home should be assessed near $348,724.

Step 3 · Assessed value

$267,900

Set at the last town-wide revaluation and mostly frozen since. That's $80,824 below what the ratio math suggests (23.2%).

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%

This home's own bill implies $2.331 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,244/yr
Public schools$3,463
Ocean County$1,464
Town of Point Pleasant$1,317
Point Pleasant average$9,764

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

Town median 45.2%
This home · 41.1%

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
2821 HERBERTSVILLE2026-02$425,0001,19859.7%
3105 CAMBRIDGE DR2026-03$675,0001,21240.1%
2228 ROGERS RD2026-06$661,0001,20945.6%
603 RIVER AVE2026-05$625,0001,13144.9%
2230 NORTH RD2025-02$405,0001,22061.7%
1855 BAY BLVD2025-02$678,0001,18541.1%
1128 HOLLYWOOD BLVD2025-01$700,0001,38039.3%
1139 ROE AVE2025-08$600,0001,27242.8%
405 RIVER AVE2025-05$730,0001,37841.3%
528 DELAWARE AVE2026-01$765,0001,09842.7%
1409 BUCKNER ST2025-07$783,0001,50043.0%
1212 SLEEPY HOLLOW2025-12$625,0001,23642.5%

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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 →