The Fair Share Report

613 Auth Ave

Ocean, NJ 07755

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

≈ $848,609

Likely range $708,408 – $1,236,294, 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 $848,609 home should be assessed near $799,814.

Step 3 · Assessed value

$817,400

Set at the last town-wide revaluation and mostly frozen since. That's $17,586 above what the ratio math suggests (2.2%).

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%

Step 5 · The bill

$10,631/yr
Public schools$6,451
Monmouth County$1,804
Town of Ocean$2,376
Ocean average$12,291

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

Town median 95.5%
This home · 96.3%

61%121%

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
708 AUTH AVE2026-05$720,0002,10091.0%
713 CAROL AVE2025-01$725,0002,03292.5%
53 HILLSIDE TERR2025-01$690,0002,320105.8%
22 ROSLYN DR2025-05$1,220,0002,25081.3%
1806 HOLBROOK ST2025-06$799,0001,99898.6%
66 COLD INDIAN SPRING RD2026-02$740,0002,43298.3%
1811 BELLMORE ST2026-03$875,0002,22997.8%
1 MICHAELS CT2026-06$1,792,5002,37870.9%
2 ROBERT PL2026-02$705,0002,079100.2%
40 ARNO ST2026-06$870,0002,16185.6%
6 ARLINGTON ST2025-05$950,0001,94596.2%
41 DWIGHT DR2026-01$1,209,0002,037103.1%

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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 →