The Fair Share Report
3229 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 $540,606 – $642,571, 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 $621,068 home should be assessed near $332,458.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $67,858 below what the ratio math suggests (20.4%).
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 |
|---|---|---|---|---|
| 3105 HERBERTSVILLE | 2025-05 | $560,000 | 1,170 | 40.2% |
| 1010 NORTHSTREAM PKWY | 2026-04 | $607,000 | 1,132 | 40.6% |
| 505 CURTIS AVE | 2025-10 | $505,000 | — | 33.5% |
| 3228 NOWATA AVE | 2025-07 | $635,000 | 1,185 | 47.9% |
| 2612 HERBERTSVILLE | 2026-03 | $575,000 | 1,120 | 48.9% |
| 1227 BARBOUR AVE | 2025-05 | $950,000 | 1,172 | 41.2% |
| 2318 CARDINAL DR | 2026-05 | $641,000 | 1,163 | 45.0% |
| 3206 CHICOPEE PL | 2025-09 | $687,500 | 1,090 | 43.5% |
| 1408 BEAVER DAM RD | 2026-04 | $512,500 | 1,152 | 46.3% |
| 211 PLEASANT PL | 2025-07 | $450,000 | 1,062 | 57.4% |
| 2120 FRANCES DR | 2025-08 | $817,000 | 1,244 | 42.7% |
| 2110 ROGERS RD | 2025-06 | $591,000 | 1,164 | 45.0% |
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