The Fair Share Report

60 Johnson 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.

Step 1 · Market value

≈ $636,089

Likely range $599,728 – $650,546, from 12 comparable Ocean sales in the past 18 months, at this home's 2,208 sq ft.

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 $636,089 home should be assessed near $588,191.

Step 3 · Assessed value

$463,600

Set at the last town-wide revaluation and mostly frozen since. That's $124,591 below what the ratio math suggests (21.2%).

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

$7,316/yr
Public schools$3,305
Ocean County$1,572
Town of Ocean$2,439
Ocean average$7,377

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

Town median 84.0%
This home · 72.9%

66%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)

AddressSoldPriceSq ftRatio
24 BELMAR BLVD2025-04$625,0002,21780.7%
5 BRADLEY BEACH WAY2025-01$620,0002,18393.5%
20 DEAL LN2026-02$600,0002,20996.4%
9 BRADLEY BEACH WAY2026-03$635,0002,18389.4%
3 STRATHMERE ST2025-02$560,0002,27088.7%
3 BEACH HAVEN WAY2026-06$670,0002,29182.7%
122 BRIGANTINE BLVD2026-04$665,0002,19683.3%
95 ATLANTIC AVENUE2025-01$715,0002,34590.2%
83 SPRING LAKE BLVD2025-11$675,0002,29181.1%
38 POINT PLEASANT LA2025-12$599,9002,19692.0%
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
197 BRIGANTINE BLVD2026-05$660,0002,29179.5%

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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 →