The Fair Share Report
90 Main St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $415,001 – $652,410, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $469,033 home should be assessed near $433,715.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $116,315 below what the ratio math suggests (26.8%).
Step 4 · The tax rate — same for every Ocean home
$0.713 Schools · 45% $0.339 County · 21% $0.526 Town · 33%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
43%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 AVON LANE | 2025-09 | $429,000 | 1,489 | 77.1% |
| 71 SHERIDAN STREET | 2025-07 | $700,000 | 1,589 | 71.5% |
| 88 DOCK AVENUE | 2025-07 | $480,000 | 1,344 | 78.9% |
| 119 OREGON AVENUE | 2025-04 | $250,000 | 1,637 | 120.8% |
| 17 PENNSYLVANIA AVENUE | 2026-05 | $407,000 | 1,368 | 80.4% |
| 156 WELLS MILLS ROAD | 2026-02 | $405,000 | 1,586 | 86.1% |
| 14 VESSEL ROAD | 2026-05 | $979,000 | 1,599 | 70.5% |
| 16 DAVEY JONES WAY | 2026-04 | $600,000 | 1,402 | 92.0% |
| 12 ONE EYE WAY | 2025-07 | $550,000 | 1,396 | 105.1% |
| 28 DOLPHIN WAY | 2026-06 | $430,000 | 1,344 | 80.7% |
| 4 DOLPHIN WAY | 2025-08 | $430,000 | 1,344 | 81.3% |
| 47 CENTRAL AVENUE | 2025-10 | $345,000 | 1,181 | 84.3% |
Is this your house?
Run your own report →