The Fair Share Report

6 Camp Lighthouse Rd

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

≈ $397,696

Likely range $364,550 – $429,499, 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 $397,696 home should be assessed near $367,749.

Step 3 · Assessed value

$318,000

Set at the last town-wide revaluation and mostly frozen since. That's $49,749 below what the ratio math suggests (13.5%).

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

$5,018/yr
Public schools$2,267
Ocean County$1,078
Town of Ocean$1,673
Ocean average$7,377

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

Town median 84.0%
This home · 80.0%

68%105%

Paying about right

This home's ratio lands inside Ocean's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
30 NAUTILUS ROAD2025-09$380,0001,22468.4%
85 HOLLY DRIVE2025-01$350,0001,22986.1%
17 PENNSYLVANIA AVENUE2026-05$407,0001,36880.4%
103 DOVER COURT2025-07$385,0001,16077.3%
14 VESSEL ROAD2026-05$979,0001,59970.5%
156 WELLS MILLS ROAD2026-02$405,0001,58686.1%
1 AVON LANE2025-09$429,0001,48977.1%
71 RAILROAD AVENUE2025-01$509,0001,28868.3%
26 BAYBERRY DRIVE2025-08$289,00088875.0%
108 BALTIC AVENUE2026-01$347,5001,24481.5%
73 RAILROAD AVENUE2025-12$300,00096181.2%
17 LONG JOHN SILVER WAY2025-10$645,0001,30686.0%

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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 →