The Fair Share Report
9 Sloop Ct
Barnegat, NJ 08005
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $332,772 – $442,945, from 12 comparable Barnegat sales in the past 18 months, at this home's 1,433 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Barnegat assessments sit below market value — republished every October, applied town-wide. A $376,115 home should be assessed near $207,503.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,403 below what the ratio math suggests (24.8%).
Step 4 · The tax rate — same for every Barnegat home
$1.527 Schools · 50% $0.562 County · 18% $0.993 Town · 32%
Step 5 · The bill
This home vs. every recent Barnegat sale · assessed ÷ market
30%69%
Paying about right
This home's ratio lands inside Barnegat's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 72 VILLAGE DR | 2025-05 | $370,000 | 1,472 | 41.8% |
| 57 VILLAGE DR | 2026-05 | $455,000 | 1,472 | 35.5% |
| 45 BARNEGAT BLVD | 2025-04 | $395,000 | 1,432 | 40.0% |
| 38 WINDWARD DR | 2025-02 | $335,000 | 1,530 | 49.2% |
| 23 SEXTANT DR | 2026-02 | $410,000 | 1,368 | 38.7% |
| 5 OCEAN AVE | 2025-04 | $439,900 | 1,481 | 35.4% |
| 148A BAY SHORE DR | 2026-04 | $320,000 | 1,378 | 42.2% |
| 148A BAY SHORE DR | 2025-03 | $205,000 | 1,378 | 65.8% |
| 39 MIZZEN DR | 2026-03 | $325,000 | 1,358 | 39.6% |
| 11 MIDSHIP DR | 2025-12 | $400,000 | 1,524 | 41.0% |
| 59 WINDWARD DR | 2026-03 | $270,000 | 1,576 | 60.4% |
| 17 WINDWARD DR | 2026-04 | $475,000 | 1,530 | 34.3% |
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