The Fair Share Report

84 Baltic 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

≈ $579,559

Likely range $560,541 – $610,476, from 12 comparable Ocean sales in the past 18 months, at this home's 2,072 sq ft.

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 $579,559 home should be assessed near $535,918.

Step 3 · Assessed value

$545,500

Set at the last town-wide revaluation and mostly frozen since. That's $9,582 above what the ratio math suggests (1.8%).

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

$8,608/yr
Public schools$3,889
Ocean County$1,849
Town of Ocean$2,869
Ocean average$7,377

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

Town median 84.0%
This home · 94.1%

68%105%

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
3 MILLSTONE WAY2025-08$579,0002,07077.8%
12 NO OLYMPIA DR2026-06$550,0002,05687.6%
26 EAGLESWOOD DR2025-02$560,0002,07085.2%
95 ATLANTIC AVENUE2025-01$715,0002,34590.2%
11 TILLER DRIVE2026-01$405,0001,99896.0%
83 SPRING LAKE BLVD2025-11$675,0002,29181.1%
46 SHIP BOTTOM LN2025-02$600,0001,73285.1%
20 DEAL LN2026-02$600,0002,20996.4%
22 EAGLESWOOD DR2026-05$585,0001,99785.6%
9 BRADLEY BEACH WAY2026-03$635,0002,18389.4%
110 MARINE ROAD2025-03$499,9992,38899.6%
122 BRIGANTINE BLVD2026-04$665,0002,19683.3%

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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 →