The Fair Share Report
901 E St
Belmar, NJ 07719
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 $326,667 – $1,095,368, from 12 comparable Belmar 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 Belmar assessments sit below market value — republished every October, applied town-wide. A $589,772 home should be assessed near $326,793.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,007 above what the ratio math suggests (11.0%).
Step 4 · The tax rate — same for every Belmar home
$0.599 Schools · 38% $0.350 County · 22% $0.620 Town · 40%
Step 5 · The bill
This home vs. every recent Belmar sale · assessed ÷ market
28%117%
Paying about right
This home's ratio lands inside Belmar'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 |
|---|---|---|---|---|
| 1803 SNYDER AVE | 2025-01 | $1,175,000 | 904 | 45.5% |
| 1000 RIVER RD UNIT 5J | 2025-11 | $370,000 | 882 | 52.5% |
| 1000 RIVER RD UNIT 9J | 2025-05 | $417,000 | 882 | 51.6% |
| 518 THIRTEENTH AVE | 2025-07 | $730,000 | 1,093 | 51.1% |
| 105 TWELFTH AVE | 2025-10 | $800,000 | 811 | 75.3% |
| 1330 HWY 71-UNIT 7B | 2025-06 | $368,000 | 905 | 46.4% |
| 1000 RIVER RD UNIT 4G | 2025-12 | $360,000 | 910 | 52.3% |
| 1000 RIVER RD UNIT 6G | 2025-05 | $421,000 | 910 | 51.6% |
| 1501 OCEAN AVE UNIT B2 | 2025-12 | $600,000 | 832 | 40.5% |
| 1320 HWY 71-UNIT 202 | 2025-08 | $365,000 | 832 | 48.5% |
| 116 FIFTEENTH AVE | 2026-03 | $1,150,000 | 756 | 41.4% |
| 1236 MAPLEWOOD RD | 2026-03 | $620,000 | 923 | 39.9% |
Is this your house?
Run your own report →