The Fair Share Report
4 Chadwick Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $586,831 – $728,852, from 12 comparable Ocean sales in the past 18 months, at this home's 2,530 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $648,354 home should be assessed near $599,533.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $117,533 below what the ratio math suggests (19.6%).
Step 4 · The tax rate — same for every Ocean home
$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%
This home's own bill implies $1.526 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
61%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 34 SEA GIRT LN | 2025-03 | $600,000 | 2,523 | 100.0% |
| 66 STRATHMERE ST | 2025-05 | $535,000 | 2,611 | 103.0% |
| 124 BRIGANTINE BLVD | 2025-01 | $685,000 | 2,673 | 86.2% |
| 3 BEACH HAVEN WAY | 2026-06 | $670,000 | 2,291 | 82.7% |
| 32 EAGLESWOOD DR | 2026-05 | $620,000 | 2,673 | 86.6% |
| 114 CALDWELL ROAD | 2025-04 | $860,000 | 2,512 | 93.5% |
| 3 STRATHMERE ST | 2025-02 | $560,000 | 2,270 | 88.7% |
| 197 BRIGANTINE BLVD | 2026-05 | $660,000 | 2,291 | 79.5% |
| 109 OCEAN AVENUE | 2026-05 | $545,000 | 2,636 | 100.9% |
| 24 BELMAR BLVD | 2025-04 | $625,000 | 2,217 | 80.7% |
| 15 EAGLESWOOD DR | 2025-08 | $620,000 | 2,291 | 76.4% |
| 30 EAGLESWOOD DR | 2026-02 | $596,000 | 2,291 | 84.0% |
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