The Fair Share Report

7 Commodore Ct

Barnegat, 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

≈ $377,090

Likely range $286,931 – $402,228, from 12 comparable Barnegat sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.17%

The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $377,090 home should be assessed near $208,041.

Step 3 · Assessed value

$139,600

Set at the last town-wide revaluation and mostly frozen since. That's $68,441 below what the ratio math suggests (32.9%).

Step 4 · The tax rate — same for every Barnegat home

$3.082 per $100 assessed

$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%

Step 5 · The bill

$4,304/yr
Public schools$2,132
Ocean County$785
Town of Barnegat$1,387
Barnegat average$7,607

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

Town median 48.5%
This home · 37.0%

29%69%

Paying about right

This home's ratio lands inside Barnegat'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
117 SCHOONER AVE2026-02$180,0001,24481.9%
113 VILLAGE DR2025-05$230,0001,24463.6%
132 SCHOONER AVE2026-04$375,0001,17939.6%
149 WINDWARD DR2025-11$370,0001,17938.1%
18 STARBOARD AVE2025-09$370,0001,17938.0%
13 ASPEN CIR2026-01$415,0001,22140.4%
13 ASPEN CIR2025-09$280,0001,22159.9%
15 TULSA DR NO2025-07$412,0001,25643.6%
99 VILLAGE DR2026-01$320,0001,31149.1%
36 BOWLINE ST2025-09$320,0001,25248.3%
97 WINDWARD DR2025-04$351,0001,15242.8%
3 ROXBURY DR2025-05$410,0001,18844.7%

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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 →