The Fair Share Report

34 Main St

Ocean, NJ 08758

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

≈ $595,007

Likely range $566,763 – $634,415, from 12 comparable Ocean sales in the past 18 months, at this home's 2,095 sq ft.

Step 2 · The Director's Ratio

92.47%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $595,007 home should be assessed near $550,203.

Step 3 · Assessed value

$419,100

Set at the last town-wide revaluation and mostly frozen since. That's $131,103 below what the ratio math suggests (23.8%).

Step 4 · The tax rate — same for every Ocean home

$1.578 per $100 assessed

$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%

Step 5 · The bill

$6,613/yr
Public schools$2,988
Ocean County$1,421
Town of Ocean$2,204
Ocean average$7,377

This home vs. every recent Ocean sale · assessed ÷ market

Town median 84.0%
This home · 70.4%

61%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ocean pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
3 MILLSTONE WAY2025-08$579,0002,07077.8%
26 EAGLESWOOD DR2025-02$560,0002,07085.2%
7 DOCK AVENUE2025-06$582,5002,05898.5%
12 NO OLYMPIA DR2026-06$550,0002,05687.6%
24 BEACH HAVEN WAY2025-09$600,0002,05596.5%
49 HARVEY CEDAR WAY2025-04$643,0002,05588.3%
44 BAY PARKWAY2025-06$500,0002,05384.4%
9 BRADLEY BEACH WAY2026-03$635,0002,18389.4%
5 BRADLEY BEACH WAY2025-01$620,0002,18393.5%
33 MANTOLOKING LA2026-05$645,0002,19686.6%
122 BRIGANTINE BLVD2026-04$665,0002,19683.3%

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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 →