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.

Step 1 · Market value

≈ $684,602

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

94.25%

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

$426,300

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

$1.319 per $100 assessed

$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%

Step 5 · The bill

$5,590/yr
Public schools$3,392
Monmouth County$949
Town of Ocean$1,249
Ocean average$12,291

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

Town median 95.5%
This home · 62.3%

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)

AddressSoldPriceSq ftRatio
1313 LAUREL AVE2025-05$545,0001,503105.9%
1416 UNAMI AVE2025-05$637,0001,416105.9%
605 CORLIES AVE2025-03$824,9991,624102.3%
1307 CAMP AVE2025-06$975,0001,43773.7%
709 S EDGEMERE DR2026-03$1,370,0001,50470.6%
1409 CAMP AVE2025-05$649,0001,768100.1%
185 PINECREST RD2026-05$730,0001,37289.8%
1305 BIRCH AVE2025-05$635,0001,35798.0%
1315 CHESTNUT AVE2026-01$639,0001,62499.0%
1602 LOGAN RD2025-05$750,0001,61192.1%
1413 CAMP AVE2026-02$520,0001,152104.7%
1306 WOODLOCK AVE2025-05$785,0001,58485.3%

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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 →