The Fair Share Report

90 Oregon 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

≈ $626,645

Likely range $599,795 – $657,179, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

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 $626,645 home should be assessed near $579,459.

Step 3 · Assessed value

$602,400

Set at the last town-wide revaluation and mostly frozen since. That's $22,941 above what the ratio math suggests (4.0%).

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

$9,506/yr
Public schools$4,295
Ocean County$2,042
Town of Ocean$3,169
Ocean average$7,377

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

Town median 84.0%
This home · 96.1%

68%106%

A touch high — worth watching

This home's ratio sits above most of Ocean, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
116 DOLLMORE AVENUE2026-03$635,0002,09694.2%
24 BEACH HAVEN WAY2025-09$600,0002,05596.5%
49 HARVEY CEDAR WAY2025-04$643,0002,05588.3%
8 VENTNOR CT2026-01$575,0001,91579.1%
1 CAPSTAN ROAD2025-09$1,185,0002,23279.6%
26 EAGLESWOOD DR2025-02$560,0002,07085.2%
3 BAYVILLE WAY2025-08$670,0002,19681.0%
33 MANTOLOKING LA2026-05$645,0002,19686.6%
38 POINT PLEASANT LA2025-12$599,9002,19692.0%
22 EAGLESWOOD DR2026-05$585,0001,99785.6%
14 SEA BRIGHT WAY2025-11$661,0002,28686.5%
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 →