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.

Step 1 · Market value

≈ $736,990

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

53.53%

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

$386,000

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

$2.423 per $100 assessed

$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

$9,107/yr
Public schools$5,051
Ocean County$2,135
Town of Point Pleasant$1,921
Point Pleasant average$9,764

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

Town median 45.2%
This home · 52.4%

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
505 CURTIS AVE2025-10$505,00033.5%
805 HASTINGS LN2026-03$725,0001,81447.1%
812 DONNA DR2025-05$555,0001,82859.9%
921 SOUTH ST2025-03$670,0001,81557.0%
2213 KILKARE PKWY2026-02$650,0001,76847.4%
1129 FRONT ST2025-04$995,0001,95548.6%
2118 KENNETH RD2025-07$735,0001,84838.9%
1517 DOCK PL2025-12$703,0001,89844.1%
1108 LEONARD RD2025-08$650,0001,89453.9%
2203 CHRISTINE CT2025-03$675,0001,62052.2%
2306 HARBOR DR2025-09$725,0001,66041.2%
1236 GARDENS AVE2025-01$875,0001,92044.2%

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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 →