The Fair Share Report
3219 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $582,450 – $690,938, 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
The state's official measure of how far Point Pleasant assessments sit below market value — republished every October, applied town-wide. A $612,553 home should be assessed near $327,900.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,300 below what the ratio math suggests (18.4%).
Step 4 · The tax rate — same for every Point Pleasant home
$1.344 Schools · 55% $0.568 County · 23% $0.511 Town · 21%
Step 5 · The bill
This home vs. every recent Point Pleasant sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2110 ROGERS RD | 2025-06 | $591,000 | 1,164 | 45.0% |
| 1414 DORSETT DOCK RD | 2026-02 | $690,000 | 1,272 | 38.9% |
| 1504 IVY RD | 2025-10 | $735,000 | 1,242 | 42.4% |
| 1504 IVY RD | 2025-07 | $675,000 | 1,242 | 46.2% |
| 1139 ROE AVE | 2025-08 | $600,000 | 1,272 | 42.8% |
| 510 CRESTVIEW TERR | 2025-04 | $525,000 | 1,168 | 54.9% |
| 2405 CEDAR ST | 2025-05 | $635,000 | 1,344 | 47.5% |
| 523 HILLSIDE AVE | 2025-02 | $675,000 | 1,240 | 44.4% |
| 2504 OAK ST | 2025-10 | $565,000 | 1,122 | 42.5% |
| 1320 SUNRISE AVE | 2025-09 | $645,000 | 1,312 | 47.5% |
| 601 MARSHALL DR | 2026-01 | $625,000 | 1,274 | 44.5% |
| 3105 CAMBRIDGE DR | 2026-03 | $675,000 | 1,212 | 40.1% |
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