The Fair Share Report

91 Brigantine Blvd

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

≈ $715,000

Likely range $685,000 – $775,000, from 12 comparable Ocean sales in the past 18 months, at this home's 3,081 sq ft.

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 $715,000 home should be assessed near $661,161.

Step 3 · Assessed value

$588,900

Set at the last town-wide revaluation and mostly frozen since. That's $72,261 below what the ratio math suggests (10.9%).

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

$9,293/yr
Public schools$4,199
Ocean County$1,996
Town of Ocean$3,098
Ocean average$7,377

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

Town median 84.0%
This home · 82.4%

68%105%

Paying about right

This home's ratio lands inside Ocean's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
83 BRIGANTINE BLVD2025-08$685,0003,08181.8%
51 EAGLESWOOD DR2025-04$700,0003,08185.5%
49 EAGLESWOOD DR2025-01$685,0003,08186.3%
38 OCEAN GROVE LN2025-08$725,0003,09388.9%
61 STRATHMERE ST2025-01$740,0003,06881.5%
34 AVALON WAY2025-11$630,0003,06891.7%
18 SEA GIRT LN2025-01$675,0003,06881.1%
30 POINT PLEASANT LA2026-05$774,9993,06881.8%
9 MARGATE WAY2026-05$782,0003,06879.3%
46 BELMAR BLVD2026-03$595,0003,06897.9%
16 MILLSTONE WAY2025-09$715,0003,08188.8%
10 HARVEY CEDAR WAY2026-06$775,0003,08183.5%

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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 →