The Fair Share Report
703 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $545,165 – $648,448, 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 $583,781 home should be assessed near $550,214.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,986 above what the ratio math suggests (13.1%).
Step 4 · The tax rate — same for every Ocean home
$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 140 DANIELE DR | 2025-03 | $570,000 | 1,728 | 97.0% |
| 264 DANIELE DR | 2026-01 | $590,000 | 1,738 | 95.2% |
| 131 PIERCE DR | 2025-03 | $665,000 | 1,665 | 77.2% |
| 17 WOODROW ST | 2026-02 | $815,000 | 1,651 | 85.9% |
| 6 PROVIDENT CT | 2025-05 | $514,000 | 1,510 | 89.9% |
| 7 PROVIDENT CT | 2025-04 | $549,000 | 1,510 | 95.7% |
| 116 COTSWOLD CIR | 2026-01 | $555,000 | 1,598 | 97.8% |
| 48 OLD ORCHARD LN | 2026-06 | $628,000 | 1,689 | 92.6% |
| 149 OLD ORCHARD LN | 2026-06 | $512,500 | 1,685 | 113.3% |
| 45 RAWSON CIR | 2025-01 | $617,000 | 1,685 | 97.5% |
| 44 CHARLES CT | 2026-01 | $590,000 | 1,940 | 99.7% |
| 282 DANIELE DR | 2025-04 | $580,000 | 1,940 | 101.1% |
Is this your house?
Run your own report →