The Fair Share Report

604 Anglesea Ave

Ocean Gate, NJ 07470

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

≈ $438,431

Likely range $409,550 – $489,881, from 12 comparable Ocean Gate sales in the past 18 months, at this home's 1,646 sq ft.

Step 2 · The Director's Ratio

91.35%

The state's official measure of how far Ocean Gate assessments sit below market value — republished every October, applied town-wide. A $438,431 home should be assessed near $400,507.

Step 3 · Assessed value

$421,900

Set at the last town-wide revaluation and mostly frozen since. That's $21,393 above what the ratio math suggests (5.3%).

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

$1.820 per $100 assessed

$0.870 Schools · 48% $0.345 County · 19% $0.605 Town · 33%

Step 5 · The bill

$7,683/yr
Public schools$3,673
Ocean County$1,456
Town of Ocean Gate$2,554
Ocean Gate average$7,523

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

Town median 83.5%
This home · 96.2%

64%108%

Paying about right

This home's ratio lands inside Ocean Gate'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
29 E CHELSEA AVE2025-05$325,0001,491103.5%
16 E AVALON AVE2025-10$378,5001,42182.1%
546 E BAYVIEW AVE2025-06$325,0001,35988.0%
416 MONMOUTH AVE2026-02$500,0001,68080.4%
616 E ARVERNE AVE2026-02$400,0001,42089.6%
610 STONE HARBOR AVE2025-02$555,0001,68076.4%
521 E LONG BRANCH AVE2026-06$420,0001,68892.3%
605 OCEAN GATE AVE2025-08$485,0001,60177.9%
149 E LONG BRANCH AVE2025-09$315,0001,19884.9%
12 E LONG BRANCH AVE2025-04$385,0001,35263.4%
210 ASBURY AVE2025-06$385,0001,31283.5%
918 RED BANK AVE2025-02$475,0001,95693.1%

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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 →