The Fair Share Report

4 Roller Rd E

Ocean, NJ 07712

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

≈ $925,880

Likely range $794,484 – $1,075,638, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

94.25%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $925,880 home should be assessed near $872,642.

Step 3 · Assessed value

$1,021,800

Set at the last town-wide revaluation and mostly frozen since. That's $149,158 above what the ratio math suggests (17.1%).

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

$1.319 per $100 assessed

$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%

This home's own bill implies $1.264 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,912/yr
Public schools$7,835
Monmouth County$2,191
Town of Ocean$2,886
Ocean average$12,291

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

Town median 95.5%
This home · 110.4%

72%134%

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
909 BROOKSIDE AVE2026-03$1,225,0002,34868.2%
11 OAK TREE LN2025-04$899,0002,40897.5%
21 HIGH RIDGE RD2026-05$909,0002,526101.9%
44 ASCOT DR2025-05$869,0002,483100.1%
21 DUNE RD2025-01$1,137,5002,69498.3%
31 CEDAR VILLAGE BLVD2025-06$875,0002,648100.0%
6 LOTUS CT2026-03$955,0002,68998.2%
1 DERBY LN2025-02$930,0002,444101.8%
66 COLD INDIAN SPRING RD2026-02$740,0002,43298.3%
29 ASCOT DR2026-05$900,0002,908101.0%
11 STANDISH DR2026-05$1,237,5002,97890.0%
24 OXFORD DR2026-01$1,300,0003,23488.2%

Is this your house?

Run your own report →

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 →