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.

Step 1 · Market value

≈ $612,553

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

53.53%

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

$267,600

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

$2.423 per $100 assessed

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

Step 5 · The bill

$6,487/yr
Public schools$3,598
Ocean County$1,521
Town of Point Pleasant$1,368
Point Pleasant average$9,764

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

Town median 45.2%
This home · 43.7%

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
2110 ROGERS RD2025-06$591,0001,16445.0%
1414 DORSETT DOCK RD2026-02$690,0001,27238.9%
1504 IVY RD2025-10$735,0001,24242.4%
1504 IVY RD2025-07$675,0001,24246.2%
1139 ROE AVE2025-08$600,0001,27242.8%
510 CRESTVIEW TERR2025-04$525,0001,16854.9%
2405 CEDAR ST2025-05$635,0001,34447.5%
523 HILLSIDE AVE2025-02$675,0001,24044.4%
2504 OAK ST2025-10$565,0001,12242.5%
1320 SUNRISE AVE2025-09$645,0001,31247.5%
601 MARSHALL DR2026-01$625,0001,27444.5%
3105 CAMBRIDGE DR2026-03$675,0001,21240.1%

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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 →