The Fair Share Report
3225 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 $514,570 – $650,701, 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 $576,582 home should be assessed near $308,644.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,944 below what the ratio math suggests (19.1%).
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 |
|---|---|---|---|---|
| 528 DELAWARE AVE | 2026-01 | $765,000 | 1,098 | 42.7% |
| 603 RIVER AVE | 2026-05 | $625,000 | 1,131 | 44.9% |
| 3105 CAMBRIDGE DR | 2026-03 | $675,000 | 1,212 | 40.1% |
| 3009 HIAWATHA AVE | 2025-04 | $525,000 | 1,144 | 43.8% |
| 510 CRESTVIEW TERR | 2025-04 | $525,000 | 1,168 | 54.9% |
| 2504 OAK ST | 2025-10 | $565,000 | 1,122 | 42.5% |
| 2602 SHADY GLEN AVE | 2025-02 | $560,000 | 1,124 | 48.3% |
| 2821 HERBERTSVILLE | 2026-02 | $425,000 | 1,198 | 59.7% |
| 1412 DORSETT DOCK RD | 2026-04 | $501,000 | 1,071 | 48.5% |
| 2110 ROGERS RD | 2025-06 | $591,000 | 1,164 | 45.0% |
| 2406 CHESTNUT ST | 2025-10 | $525,000 | 1,009 | 48.9% |
| 2230 NORTH RD | 2025-02 | $405,000 | 1,220 | 61.7% |
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