The Fair Share Report
905 Brookside Ave
Ocean, NJ 07712
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 $550,047 – $1,065,030, 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 $684,602 home should be assessed near $645,237.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $218,937 below what the ratio math suggests (33.9%).
Step 4 · The tax rate — same for every Ocean home
$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%
Step 5 · The bill
This home vs. every recent Ocean sale · assessed ÷ market
35%110%
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 |
|---|---|---|---|---|
| 1313 LAUREL AVE | 2025-05 | $545,000 | 1,503 | 105.9% |
| 1416 UNAMI AVE | 2025-05 | $637,000 | 1,416 | 105.9% |
| 605 CORLIES AVE | 2025-03 | $824,999 | 1,624 | 102.3% |
| 1307 CAMP AVE | 2025-06 | $975,000 | 1,437 | 73.7% |
| 709 S EDGEMERE DR | 2026-03 | $1,370,000 | 1,504 | 70.6% |
| 1409 CAMP AVE | 2025-05 | $649,000 | 1,768 | 100.1% |
| 185 PINECREST RD | 2026-05 | $730,000 | 1,372 | 89.8% |
| 1305 BIRCH AVE | 2025-05 | $635,000 | 1,357 | 98.0% |
| 1315 CHESTNUT AVE | 2026-01 | $639,000 | 1,624 | 99.0% |
| 1602 LOGAN RD | 2025-05 | $750,000 | 1,611 | 92.1% |
| 1413 CAMP AVE | 2026-02 | $520,000 | 1,152 | 104.7% |
| 1306 WOODLOCK AVE | 2025-05 | $785,000 | 1,584 | 85.3% |
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