The Fair Share Report
4 Second St
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 $622,500 – $713,281, from 12 comparable Barnegat sales in the past 18 months, at this home's 2,490 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 $658,704 home should be assessed near $363,407.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,407 below what the ratio math suggests (4.8%).
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
35%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 |
|---|---|---|---|---|
| 5 FIFTH ST | 2025-02 | $542,000 | 2,476 | 61.9% |
| 174 PENNSYLVANIA AVE | 2025-01 | $655,000 | 2,476 | 50.8% |
| 19 JANELLE DR | 2025-09 | $650,000 | 2,491 | 53.4% |
| 19 HILLSIDE AVE | 2025-06 | $633,000 | 2,510 | 50.6% |
| 7 WILLOWTREE CT | 2026-03 | $640,000 | 2,560 | 51.8% |
| 7 WILLOWTREE CT | 2025-10 | $450,000 | 2,560 | 73.7% |
| 12 JON DR | 2025-07 | $640,000 | 2,377 | 52.0% |
| 5 NELSON DR | 2025-08 | $744,000 | 2,733 | 49.1% |
| 11 ORCHID LA | 2026-06 | $720,000 | 2,474 | 44.6% |
| 11 WHISPER WAY | 2025-08 | $725,000 | 2,476 | 47.8% |
| 3 WHISPER WAY | 2025-02 | $600,000 | 2,639 | 61.0% |
| 15 HANNAH LEE RD | 2025-08 | $640,000 | 2,211 | 49.4% |
Is this your house?
Run your own report →