The Fair Share Report

44 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

≈ $466,473

Likely range $433,247 – $636,636, 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 $466,473 home should be assessed near $431,348.

Step 3 · Assessed value

$321,700

Set at the last town-wide revaluation and mostly frozen since. That's $109,648 below what the ratio math suggests (25.4%).

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

$5,076/yr
Public schools$2,294
Ocean County$1,091
Town of Ocean$1,692
Ocean average$7,377

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

Town median 84.0%
This home · 69.0%

45%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ocean pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
88 DOCK AVENUE2025-07$480,0001,34478.9%
4 DOLPHIN WAY2025-08$430,0001,34481.3%
28 DOLPHIN WAY2026-06$430,0001,34480.7%
71 RAILROAD AVENUE2025-01$509,0001,28868.3%
16 SO OLYMPIA DR2026-03$540,0001,72183.7%
1 AVON LANE2025-09$429,0001,48977.1%
8 VENTNOR CT2026-01$575,0001,91579.1%
103 ATLANTIC AVENUE2025-02$475,0001,12989.0%
121 MARINE ROAD2026-02$850,0001,84183.2%
71 SHERIDAN STREET2025-07$700,0001,58971.5%
21 COMPASS ROAD2026-01$535,000900110.5%
17 PENNSYLVANIA AVENUE2026-05$407,0001,36880.4%

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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 →