The Fair Share Report
3233 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 $668,717 – $819,925, 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 $736,990 home should be assessed near $394,511.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,511 below what the ratio math suggests (2.2%).
Step 4 · The tax rate — same for every Point Pleasant home
$1.344 Schools · 55% $0.568 County · 23% $0.511 Town · 21%
This home's own bill implies $2.359 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 505 CURTIS AVE | 2025-10 | $505,000 | — | 33.5% |
| 805 HASTINGS LN | 2026-03 | $725,000 | 1,814 | 47.1% |
| 812 DONNA DR | 2025-05 | $555,000 | 1,828 | 59.9% |
| 921 SOUTH ST | 2025-03 | $670,000 | 1,815 | 57.0% |
| 2213 KILKARE PKWY | 2026-02 | $650,000 | 1,768 | 47.4% |
| 1129 FRONT ST | 2025-04 | $995,000 | 1,955 | 48.6% |
| 2118 KENNETH RD | 2025-07 | $735,000 | 1,848 | 38.9% |
| 1517 DOCK PL | 2025-12 | $703,000 | 1,898 | 44.1% |
| 1108 LEONARD RD | 2025-08 | $650,000 | 1,894 | 53.9% |
| 2203 CHRISTINE CT | 2025-03 | $675,000 | 1,620 | 52.2% |
| 2306 HARBOR DR | 2025-09 | $725,000 | 1,660 | 41.2% |
| 1236 GARDENS AVE | 2025-01 | $875,000 | 1,920 | 44.2% |
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