The Fair Share Report
55 Main 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $562,288 – $730,003, from 12 comparable Ocean sales in the past 18 months, at this home's 2,864 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $671,374 home should be assessed near $620,820.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $178,120 below what the ratio math suggests (28.7%).
Step 4 · The tax rate — same for every Ocean home
$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
55%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 BELMAR BLVD | 2026-03 | $567,000 | 2,888 | 108.2% |
| 5 LONGPORT CT | 2026-02 | $677,000 | 2,888 | 82.9% |
| 11 DEAL LN | 2025-04 | $580,000 | 2,888 | 90.8% |
| 89 POPLAR STREET | 2025-04 | $550,000 | 2,905 | 97.0% |
| 45 SHIP BOTTOM LN | 2026-06 | $705,000 | 2,783 | 89.4% |
| 33 HARVEY CEDAR WAY | 2026-02 | $745,000 | 2,783 | 83.3% |
| 23 BEACH HAVEN WAY | 2025-03 | $720,000 | 2,783 | 91.8% |
| 121 MOREY PLACE ROAD | 2025-04 | $799,000 | 2,770 | 83.8% |
| 4 LETTS LANDING ROAD | 2025-09 | $420,000 | 3,035 | 118.7% |
| 158 BRIGANTINE BLVD | 2026-06 | $700,000 | 3,068 | 89.8% |
| 8 FAIR HAVEN WAY | 2026-06 | $744,500 | 3,068 | 87.9% |
| 30 POINT PLEASANT LA | 2026-05 | $774,999 | 3,068 | 81.8% |
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