The Fair Share Report

614 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

≈ $726,109

Likely range $675,788 – $843,786, 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 $726,109 home should be assessed near $684,358.

Step 3 · Assessed value

$776,200

Set at the last town-wide revaluation and mostly frozen since. That's $91,842 above what the ratio math suggests (13.4%).

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

$10,210/yr
Public schools$6,195
Monmouth County$1,733
Town of Ocean$2,282
Ocean average$12,291

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

Town median 95.5%
This home · 106.9%

72%120%

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%
1806 HOLBROOK ST2025-06$799,0001,99898.6%
6 ARLINGTON ST2025-05$950,0001,94596.2%
41 DWIGHT DR2026-01$1,209,0002,037103.1%
1811 BELLMORE ST2026-03$875,0002,22997.8%
48 CHARLES CT2026-06$656,0001,96691.5%
12 CHARLES CT2026-05$675,0001,96694.3%
49 CHARLES CT2026-03$755,0001,96683.4%
361 DANIELE DR2025-05$695,0001,96691.4%
148 DANIELE DR2025-03$587,5001,966102.2%
11 SEWARD DR2026-06$895,0001,94189.4%

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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 →