The Fair Share Report

460 Dock Rd

Eagleswood, NJ 08092

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

≈ $382,824

Likely range $255,183 – $436,111, from 12 comparable Eagleswood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

58.85%

The state's official measure of how far Eagleswood assessments sit below market value — republished every October, applied town-wide. A $382,824 home should be assessed near $225,292.

Step 3 · Assessed value

$412,700

Set at the last town-wide revaluation and mostly frozen since. That's $187,408 above what the ratio math suggests (83.2%).

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

$2.987 per $100 assessed

$2.013 Schools · 67% $0.497 County · 17% $0.476 Town · 16%

Step 5 · The bill

$12,327/yr
Public schools$8,310
Ocean County$2,052
Town of Eagleswood$1,965
Eagleswood average$7,666

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

Town median 53.1%
This home · 107.8%

36%167%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (67.68%) — roughly $5,598/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
576 DOCK ROAD2025-09$400,0001,30085.2%
361 RAILROAD AVENUE2025-06$403,0001,51255.7%
172 SILVER LAKE DRIVE2025-05$450,0001,35638.8%
251 WEST ST.2025-12$438,0001,23251.5%
227 RAILROAD AVENUE2026-05$168,00094084.2%
158 FORGE ROAD2025-10$377,6501,51248.3%
244 BRANT DRIVE2025-10$225,0001,09269.8%
157 ROUTE 92026-03$165,0001,24076.4%
122 FORGE ROAD2025-03$370,0001,05047.1%
110 QUAIL LANE2025-08$460,0001,54243.9%
488 DOCK ROAD2025-09$710,0001,60049.3%
122 DIVISION STREET2025-09$325,0001,52868.4%

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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 →