The Fair Share Report

3236 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

≈ $693,826

Likely range $629,551 – $771,903, 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 $693,826 home should be assessed near $371,405.

Step 3 · Assessed value

$365,000

Set at the last town-wide revaluation and mostly frozen since. That's $6,405 below what the ratio math suggests (1.7%).

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

$8,848/yr
Public schools$4,908
Ocean County$2,074
Town of Point Pleasant$1,866
Point Pleasant average$9,764

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

Town median 45.2%
This home · 52.6%

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%
2344 CARDINAL DR2025-02$950,0001,73636.8%
2213 KILKARE PKWY2026-02$650,0001,76847.4%
805 HASTINGS LN2026-03$725,0001,81447.1%
2203 CHRISTINE CT2025-03$675,0001,62052.2%
2306 HARBOR DR2025-09$725,0001,66041.2%
217 RIVER EDGE DR2025-01$700,0001,69545.9%
921 SOUTH ST2025-03$670,0001,81557.0%
812 DONNA DR2025-05$555,0001,82859.9%
1517 DOCK PL2025-12$703,0001,89844.1%
1153 PINE BLUFF AVE2025-10$1,100,0001,74030.8%
2118 KENNETH RD2025-07$735,0001,84838.9%

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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 →