The Fair Share Report

80 Atlantic Ave

Ocean, 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

≈ $625,068

Likely range $547,911 – $645,058, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

92.47%

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $625,068 home should be assessed near $578,000.

Step 3 · Assessed value

$568,600

Set at the last town-wide revaluation and mostly frozen since. That's $9,400 below what the ratio math suggests (1.6%).

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

$1.578 per $100 assessed

$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%

Step 5 · The bill

$8,973/yr
Public schools$4,054
Ocean County$1,928
Town of Ocean$2,991
Ocean average$7,377

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

Town median 84.0%
This home · 91.0%

68%109%

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)

AddressSoldPriceSq ftRatio
79 SPRING LAKE BLVD2026-05$600,0002,67398.1%
50 AVALON WAY2025-07$675,0002,67380.3%
32 EAGLESWOOD DR2026-05$620,0002,67386.6%
109 OCEAN AVENUE2026-05$545,0002,636100.9%
16 BELMAR BLVD2026-03$567,0002,888108.2%
124 BRIGANTINE BLVD2025-01$685,0002,67386.2%
66 STRATHMERE ST2025-05$535,0002,611103.0%
49 SPRING LAKE BLVD2025-04$671,2503,08198.2%
95 ATLANTIC AVENUE2025-01$715,0002,34590.2%
110 MARINE ROAD2025-03$499,9992,38899.6%
11 DEAL LN2025-04$580,0002,88890.8%
105 SPRING LAKE BLVD2025-04$710,0003,06888.1%

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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 →