The Fair Share Report

63 Atlantic Ave

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

≈ $596,788

Likely range $558,377 – $613,734, from 12 comparable Ocean sales in the past 18 months, at this home's 2,044 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 $596,788 home should be assessed near $551,850.

Step 3 · Assessed value

$457,700

Set at the last town-wide revaluation and mostly frozen since. That's $94,150 below what the ratio math suggests (17.1%).

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

$7,223/yr
Public schools$3,263
Ocean County$1,552
Town of Ocean$2,408
Ocean average$7,377

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

Town median 84.0%
This home · 76.7%

68%105%

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
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
49 HARVEY CEDAR WAY2025-04$643,0002,05588.3%
26 EAGLESWOOD DR2025-02$560,0002,07085.2%
22 EAGLESWOOD DR2026-05$585,0001,99785.6%
24 BEACH HAVEN WAY2025-09$600,0002,05596.5%
8 VENTNOR CT2026-01$575,0001,91579.1%
122 BRIGANTINE BLVD2026-04$665,0002,19683.3%
15 EAGLESWOOD DR2025-08$620,0002,29176.4%
197 BRIGANTINE BLVD2026-05$660,0002,29179.5%
33 MANTOLOKING LA2026-05$645,0002,19686.6%
86 ILLINOIS AVENUE2025-08$505,0001,98078.7%
8 EAGLESWOOD DR2025-07$544,0001,88176.6%

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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 →