The Fair Share Report

35 Maple 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

≈ $397,596

Likely range $383,578 – $467,564, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

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 $397,596 home should be assessed near $367,657.

Step 3 · Assessed value

$329,100

Set at the last town-wide revaluation and mostly frozen since. That's $38,557 below what the ratio math suggests (10.5%).

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

$5,193/yr
Public schools$2,346
Ocean County$1,116
Town of Ocean$1,731
Ocean average$7,377

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

Town median 84.0%
This home · 82.8%

65%105%

Paying about right

This home's ratio lands inside Ocean'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
17 PENNSYLVANIA AVENUE2026-05$407,0001,36880.4%
1 AVON LANE2025-09$429,0001,48977.1%
305 THIRD STREET2025-03$375,0001,30879.9%
103 DOVER COURT2025-07$385,0001,16077.3%
78 MICHIGAN AVENUE2025-06$285,0001,496111.3%
5 POHATCONG AVENUE2025-09$402,0001,30874.1%
305 FOURTH STREET2025-04$320,0001,29681.1%
339 SEMINOLE AVENUE2025-10$325,0001,548100.6%
12 ONE EYE WAY2025-07$550,0001,396105.1%
30 NAUTILUS ROAD2025-09$380,0001,22468.4%
16 DAVEY JONES WAY2026-04$600,0001,40292.0%
72 BARNEGAT BEACH DRIVE2025-05$395,0001,40885.4%

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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 →