The Fair Share Report

52 Beacon Dr

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

≈ $646,989

Likely range $561,644 – $749,793, 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 $646,989 home should be assessed near $598,271.

Step 3 · Assessed value

$721,600

Set at the last town-wide revaluation and mostly frozen since. That's $123,329 above what the ratio math suggests (20.6%).

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

$11,387/yr
Public schools$5,145
Ocean County$2,446
Town of Ocean$3,796
Ocean average$7,377

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

Town median 84.0%
This home · 111.5%

68%134%

A touch high — worth watching

This home's ratio sits above most of Ocean, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
34 SEA GIRT LN2025-03$600,0002,523100.0%
66 STRATHMERE ST2025-05$535,0002,611103.0%
114 CALDWELL ROAD2025-04$860,0002,51293.5%
124 BRIGANTINE BLVD2025-01$685,0002,67386.2%
15 EAGLESWOOD DR2025-08$620,0002,29176.4%
32 EAGLESWOOD DR2026-05$620,0002,67386.6%
33 HARVEY CEDAR WAY2026-02$745,0002,78383.3%
197 BRIGANTINE BLVD2026-05$660,0002,29179.5%
3 BEACH HAVEN WAY2026-06$670,0002,29182.7%
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
109 OCEAN AVENUE2026-05$545,0002,636100.9%
45 SHIP BOTTOM LN2026-06$705,0002,78389.4%

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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 →