The Fair Share Report
5 Sloop 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 $350,682 – $428,624, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,656 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 $402,603 home should be assessed near $222,116.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,416 below what the ratio math suggests (26.8%).
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
33%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 |
|---|---|---|---|---|
| 64 WINDWARD DR | 2025-06 | $425,000 | 1,666 | 39.5% |
| 33 WINDWARD DR | 2025-12 | $360,000 | 1,700 | 46.7% |
| 15 TRANSOM LA | 2025-07 | $413,300 | 1,700 | 40.6% |
| 175 VILLAGE DR | 2025-06 | $320,000 | 1,642 | 51.6% |
| 15 COMMODORE CT | 2025-01 | $425,000 | 1,680 | 39.8% |
| 93 WINDWARD DR | 2025-07 | $310,000 | 1,668 | 54.2% |
| 153 SCHOONER AVE | 2025-12 | $425,000 | 1,642 | 39.8% |
| 59 WINDWARD DR | 2026-03 | $270,000 | 1,576 | 60.4% |
| 129 VILLAGE DR | 2026-04 | $355,000 | 1,619 | 49.4% |
| 229 MONTCLAIR RD S | 2025-04 | $685,000 | 1,674 | 54.8% |
| 22 MIZZEN DR | 2025-12 | $400,000 | 1,592 | 41.1% |
| 74 BARNEGAT BLVD | 2026-04 | $475,000 | 1,736 | 38.6% |
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