The Fair Share Report
908 E Ave
Mantoloking, NJ 07976
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 $4,310,617 – $8,276,273, from 12 comparable Mantoloking 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 Mantoloking assessments sit below market value — republished every October, applied town-wide. A $4,617,347 home should be assessed near $2,721,003.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $288,803 below what the ratio math suggests (10.6%).
Step 4 · The tax rate — same for every Mantoloking home
$0.016 Schools · 2% $0.578 County · 63% $0.318 Town · 35%
Step 5 · The bill
This home vs. every recent Mantoloking sale · assessed ÷ market
24%73%
Paying about right
This home's ratio lands inside Mantoloking'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 |
|---|---|---|---|---|
| 920 EAST AVENUE | 2026-02 | $4,500,000 | 3,528 | 45.4% |
| 982 BARNEGAT LANE | 2026-02 | $7,850,000 | 3,623 | 34.4% |
| 954 BARNEGAT LANE | 2025-12 | $5,300,000 | 4,400 | 60.9% |
| 1318 OCEAN AVENUE | 2025-12 | $2,575,000 | 3,371 | 56.3% |
| 1559 OCEAN AVENUE | 2025-11 | $6,750,000 | 3,483 | 62.7% |
| 1123 BARNEGAT LANE | 2025-09 | $4,100,000 | 3,045 | 54.5% |
| 1097 BARNEGAT LANE | 2025-12 | $2,700,000 | 2,946 | 55.6% |
| 1525 OCEAN AVENUE | 2025-06 | $7,000,000 | 3,272 | 63.3% |
| 921 LAGOON LANE | 2025-09 | $6,625,000 | 3,122 | 44.1% |
| 1019 BARNEGAT LANE | 2026-04 | $2,813,000 | 2,564 | 39.0% |
| 978 EAST AVENUE | 2025-12 | $3,200,978 | 2,190 | 42.9% |
| 1035 BARNEGAT LANE | 2025-06 | $3,295,000 | 2,628 | 42.7% |
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