The Fair Share Report

9 E 68th St

Harvey Cedars, NJ 07931

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

≈ $2,623,750

Likely range $1,993,163 – $3,026,668, from 12 comparable Harvey Cedars sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.42%

The state's official measure of how far Harvey Cedars assessments sit below market value — republished every October, applied town-wide. A $2,623,750 home should be assessed near $1,375,370.

Step 3 · Assessed value

$1,721,500

Set at the last town-wide revaluation and mostly frozen since. That's $346,130 above what the ratio math suggests (25.2%).

Step 4 · The tax rate — same for every Harvey Cedars home

$1.112 per $100 assessed

$0.253 Schools · 23% $0.541 County · 49% $0.317 Town · 29%

Step 5 · The bill

$19,143/yr
Public schools$4,359
Ocean County$9,322
Town of Harvey Cedars$5,462
Harvey Cedars average$12,503

This home vs. every recent Harvey Cedars sale · assessed ÷ market

Town median 46.1%
This home · 65.6%

32%92%

A touch high — worth watching

This home's ratio sits above most of Harvey Cedars, but doesn't clear NJ's legal appeal line (60.28%).

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

AddressSoldPriceSq ftRatio
8306 BAY TERRACE2025-02$2,740,0001,95254.3%
9 E 80TH ST2026-01$2,799,0002,07458.1%
7-A E 70TH ST2026-03$3,800,0002,77850.0%
9 BUCKINGHAM AVE2025-03$2,445,0001,71840.8%
5 E 73RD ST2026-05$1,999,9991,93240.0%
14 BUCKINGHAM AVE2025-08$1,465,0001,64256.3%
6501 HOLLY AVE2025-04$2,300,0002,26739.3%
8302 BAY TERRACE2026-05$2,146,0002,52064.9%
3 WARWICK AVE2025-12$2,087,5001,46444.0%
12-A E ESSEX AVE2025-09$2,700,0001,87075.4%
5620 HOLLY AVE2025-06$2,695,0002,99854.0%
2 E CUMBERLAND AVE2025-09$1,599,0001,58443.5%

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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 →