The Fair Share Report

80 Third

Keyport, NJ 07735

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

≈ $573,699

Likely range $515,678 – $669,304, from 12 comparable Keyport sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.55%

The state's official measure of how far Keyport assessments sit below market value — republished every October, applied town-wide. A $573,699 home should be assessed near $559,643.

Step 3 · Assessed value

$615,300

Set at the last town-wide revaluation and mostly frozen since. That's $55,657 above what the ratio math suggests (9.9%).

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

$1.991 per $100 assessed

$0.999 Schools · 50% $0.205 County · 10% $0.787 Town · 40%

This home's own bill implies $1.865 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,476/yr
Public schools$5,758
Monmouth County$1,182
Town of Keyport$4,536
Keyport average$9,216

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

Town median 97.1%
This home · 107.3%

73%125%

Paying about right

This home's ratio lands inside Keyport'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
88 JACKSON2025-03$600,0001,907100.0%
229 OSBORN STREET2025-04$375,0001,750148.3%
64 FULTON2025-03$585,0002,148100.5%
36 WASHINGTON ST.2025-03$525,0001,768101.3%
30 CHINGARORA2025-05$550,0001,90496.3%
6 OCTAVIA2026-04$436,0001,526112.0%
13 THERESE AVE2025-05$533,0001,58498.3%
40 CHURCH STREET2026-03$360,0002,039106.1%
142 WASHINGTON2025-02$560,0002,062101.2%
209 BROADWAY2026-01$450,0001,76496.4%
9 MONMOUTH PL2026-01$485,0001,39292.3%
80 FULTON2026-05$750,0001,91269.2%

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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 →