The Fair Share Report

710 Anglesea Ave

Ocean Gate, NJ 08740

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

≈ $452,783

Likely range $423,866 – $563,430, from 12 comparable Ocean Gate sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

91.35%

The state's official measure of how far Ocean Gate assessments sit below market value — republished every October, applied town-wide. A $452,783 home should be assessed near $413,617.

Step 3 · Assessed value

$423,000

Set at the last town-wide revaluation and mostly frozen since. That's $9,383 above what the ratio math suggests (2.3%).

Step 4 · The tax rate — same for every Ocean Gate home

$1.820 per $100 assessed

$0.870 Schools · 48% $0.345 County · 19% $0.605 Town · 33%

Step 5 · The bill

$7,703/yr
Public schools$3,682
Ocean County$1,460
Town of Ocean Gate$2,561
Ocean Gate average$7,523

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

Town median 83.5%
This home · 93.4%

64%105%

Paying about right

This home's ratio lands inside Ocean Gate'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
334 E BAYVIEW AVE2025-06$550,0001,28886.2%
610 STONE HARBOR AVE2025-02$555,0001,68076.4%
33 W BAYVIEW AVE2026-03$549,9001,40873.6%
605 OCEAN GATE AVE2025-08$485,0001,60177.9%
510 NAVESINK AVE2025-06$395,0001,36390.2%
616 E ARVERNE AVE2026-02$400,0001,42089.6%
205 ASBURY AVE2025-09$395,0001,29289.0%
416 MONMOUTH AVE2026-02$500,0001,68080.4%
12 E LONG BRANCH AVE2025-04$385,0001,35263.4%
707 NAVESINK AVE2026-06$440,0001,20076.1%
505 NARRAGANSETTE AVE2025-12$575,0001,83085.8%
634 E LAKEWOOD AVE2025-07$495,0001,51299.3%

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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 →