The Fair Share Report

90 Dock 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

≈ $662,036

Likely range $635,431 – $687,696, from 12 comparable Ocean sales in the past 18 months, at this home's 2,254 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 $662,036 home should be assessed near $612,185.

Step 3 · Assessed value

$454,100

Set at the last town-wide revaluation and mostly frozen since. That's $158,085 below what the ratio math suggests (25.8%).

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

$7,166/yr
Public schools$3,238
Ocean County$1,539
Town of Ocean$2,389
Ocean average$7,377

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

Town median 84.0%
This home · 68.6%

61%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ocean pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
1 CAPSTAN ROAD2025-09$1,185,0002,23279.6%
14 SEA BRIGHT WAY2025-11$661,0002,28686.5%
3 BAYVILLE WAY2025-08$670,0002,19681.0%
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
15 EAGLESWOOD DR2025-08$620,0002,29176.4%
33 MANTOLOKING LA2026-05$645,0002,19686.6%
197 BRIGANTINE BLVD2026-05$660,0002,29179.5%
38 POINT PLEASANT LA2025-12$599,9002,19692.0%
114 CALDWELL ROAD2025-04$860,0002,51293.5%
122 BRIGANTINE BLVD2026-04$665,0002,19683.3%
49 HARVEY CEDAR WAY2025-04$643,0002,05588.3%
24 BEACH HAVEN WAY2025-09$600,0002,05596.5%

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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 →