The Fair Share Report
4 Commodore Ct
Barnegat, NJ 08005
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 $322,403 – $413,513, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,324 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $388,913 home should be assessed near $214,563.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,163 below what the ratio math suggests (29.9%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
31%69%
Paying about right
This home's ratio lands inside Barnegat'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 |
|---|---|---|---|---|
| 26 RAVENWOOD BLVD | 2025-05 | $400,000 | 1,320 | 42.2% |
| 5 HULL CT | 2025-05 | $359,000 | 1,256 | 41.8% |
| 109 SCHOONER AVE | 2025-08 | $370,000 | 1,244 | 41.0% |
| 44 TULSA DR SO | 2025-09 | $415,000 | 1,248 | 43.0% |
| 6 ROXBURY DR | 2025-10 | $415,000 | 1,372 | 43.8% |
| 6 OMAHA ST | 2025-08 | $390,000 | 1,232 | 44.3% |
| 3 ADMIRAL CT | 2025-01 | $392,900 | 1,258 | 40.7% |
| 1B OPAL CT | 2025-06 | $315,000 | 1,378 | 38.4% |
| 148A BAY SHORE DR | 2026-04 | $320,000 | 1,378 | 42.2% |
| 148A BAY SHORE DR | 2025-03 | $205,000 | 1,378 | 65.8% |
| 136 WINDWARD DR | 2025-07 | $365,000 | 1,390 | 42.2% |
| 105 WINDWARD DR | 2025-11 | $300,000 | 1,232 | 50.8% |
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