The Fair Share Report
7 Clearview Dr
Ocean, NJ 07960
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,137,792 – $3,515,117, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $2,051,018 home should be assessed near $1,933,084.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,584 below what the ratio math suggests (0.3%).
Step 4 · The tax rate — same for every Ocean home
$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%
This home's own bill implies $1.020 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
49%175%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6 DONNA CT | 2025-05 | $3,250,000 | 4,582 | 85.8% |
| 8 DEBORAH PL | 2026-03 | $2,800,000 | 3,615 | 77.2% |
| 20 JACKSON CIR | 2025-05 | $1,480,000 | 5,149 | 100.4% |
| 409 RUNYAN AVE | 2025-04 | $6,500,000 | 5,856 | 57.3% |
| 150 AMPERE AVE | 2026-01 | $2,450,000 | 3,505 | 77.4% |
| 30 HIGH RIDGE RD | 2025-05 | $999,000 | 4,495 | 99.2% |
| 23 BENTLEY LANE | 2026-04 | $1,660,000 | 3,418 | 96.3% |
| 16 FRAMINGHAM RD | 2025-02 | $900,000 | 4,434 | 117.4% |
| 1801 FINDERNE ST | 2026-06 | $1,200,000 | 3,650 | 88.7% |
| 619 BOWNE RD | 2026-05 | $1,495,000 | 3,326 | 103.1% |
| 34 BRUNS RD | 2026-04 | $2,500,000 | 5,237 | 103.5% |
| 3 CLOVER HILL RD | 2026-05 | $4,725,000 | 5,030 | 70.6% |
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