The Fair Share Report

767 E Ave

Bay Head, NJ 07924

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 2 · The Director's Ratio

56.09%

The state's official measure of how far Bay Head assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$7,183,900

Set at the last town-wide revaluation and mostly frozen since.

Step 4 · The tax rate — same for every Bay Head home

$1.104 per $100 assessed

$0.251 Schools · 23% $0.576 County · 52% $0.277 Town · 25%

Step 5 · The bill

$79,382/yr
Public schools$18,048
Ocean County$41,417
Town of Bay Head$19,917
Bay Head average$18,045

The record, in full

Not enough closely-comparable recent sales in Bay Head for a fairness verdict — the town's current median assessment ratio is 48.8%.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
829 EAST AVE2025-11$11,500,0006,02350.5%

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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 →