The Fair Share Report

6 David St

Ocean, NJ 07712

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

≈ $922,720

Likely range $678,345 – $1,428,079, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

94.25%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $922,720 home should be assessed near $869,664.

Step 3 · Assessed value

$814,900

Set at the last town-wide revaluation and mostly frozen since. That's $54,764 below what the ratio math suggests (6.3%).

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

$1.319 per $100 assessed

$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%

This home's own bill implies $1.197 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,755/yr

Public schools$5,920

Monmouth County$1,655

Town of Ocean$2,180

Ocean average$12,291

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

Town median 95.5%

Appeal line 100.00%

This home · 88.3%

52%126%

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)

Address	Sold	Price	Sq ft	Ratio
20 SHARON DR	2025-03	$905,000	2,094	105.5%
1 JEROME SMITH DR	2025-01	$660,000	1,944	100.5%
5 LANCASTER DR	2025-02	$822,000	2,292	94.3%
53 HILLSIDE TERR	2025-01	$690,000	2,320	105.8%
22 ROSLYN DR	2025-05	$1,220,000	2,250	81.3%
404 BROOKSIDE AVE	2026-04	$1,355,000	2,172	67.8%
4 BROOKE ST	2026-02	$1,300,000	1,930	83.7%
2 ROBERT PL	2026-02	$705,000	2,079	100.2%
66 COLD INDIAN SPRING RD	2026-02	$740,000	2,432	98.3%
1 MICHAELS CT	2026-06	$1,792,500	2,378	70.9%
11 SEWARD DR	2026-06	$895,000	1,941	89.4%
40 ARNO ST	2026-06	$870,000	2,161	85.6%

Is this your house?

Run your own report →