The Fair Share Report

809 Eighth St

Union Beach, 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

≈ $369,191

Likely range $328,505 – $460,710, from 12 comparable Union Beach sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.54%

The state's official measure of how far Union Beach assessments sit below market value — republished every October, applied town-wide. A $369,191 home should be assessed near $360,109.

Step 3 · Assessed value

$307,700

Set at the last town-wide revaluation and mostly frozen since. That's $52,409 below what the ratio math suggests (14.6%).

Step 4 · The tax rate — same for every Union Beach home

$2.145 per $100 assessed

$0.931 Schools · 43% $0.214 County · 10% $1.000 Town · 47%

This home's own bill implies $1.990 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,124/yr
Public schools$2,658
Monmouth County$611
Town of Union Beach$2,855
Union Beach average$10,135

This home vs. every recent Union Beach sale · assessed ÷ market

Town median 97.4%
This home · 83.3%

61%113%

Paying about right

This home's ratio lands inside Union Beach'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
903 CENTER STREET2025-04$415,0001,069104.9%
703 CLARK AVENUE2025-03$325,00092098.6%
602 SYDNEY AVENUE2025-05$425,0001,00497.4%
1217 UNION AVENUE2026-03$360,00084090.2%
612 SYDNEY AVENUE2025-01$310,000876123.8%
339 PARK AVENUE2025-03$399,9991,05696.0%
412 UNION AVENUE2025-06$410,000853123.6%
825 LORILLARD AVENUE2026-02$549,0001,17689.8%
910 FLORENCE AVENUE2026-03$452,00090080.0%
535 LORILLARD AVENUE2026-01$421,5001,344102.4%
706 EDMUNDS AVENUE2025-01$420,0001,21698.1%
417 PARK AVENUE2025-05$440,000936101.3%

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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 →