The Fair Share Report

10 E Cape Cod Ln

Long Beach, NJ 07069

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

≈ $2,210,692

Likely range $1,972,049 – $2,325,937, from 12 comparable Long Beach sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

65.41%

The state's official measure of how far Long Beach assessments sit below market value — republished every October, applied town-wide. A $2,210,692 home should be assessed near $1,446,014.

Step 3 · Assessed value

$1,151,900

Set at the last town-wide revaluation and mostly frozen since. That's $294,114 below what the ratio math suggests (20.3%).

Step 4 · The tax rate — same for every Long Beach home

$0.913 per $100 assessed

$0.253 Schools · 28% $0.439 County · 48% $0.220 Town · 24%

Step 5 · The bill

$10,517/yr
Public schools$2,918
Ocean County$5,062
Town of Long Beach$2,537
Long Beach average$11,895

This home vs. every recent Long Beach sale · assessed ÷ market

Town median 54.6%
This home · 52.1%

38%81%

Paying about right

This home's ratio lands inside Long Beach'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
15 E 16TH STREET2025-03$2,100,0002,05254.7%
24 E 50TH STREET2025-06$2,295,0002,35657.8%
40 W MARYLAND AVE2025-12$1,740,0002,15062.5%
114 W OSBORN AVE2026-04$2,475,0002,25843.5%
12 E 45TH STREET2025-02$2,400,0002,28256.1%
14 E 44TH STREET2025-03$2,340,0002,21552.7%
127 E 13TH STREET2025-09$2,500,0001,97451.0%
27 W SOUTH 33RD STREET2026-04$1,990,0001,86447.3%
1805 BEACH AVE2026-03$2,479,9992,05551.7%
102 E LILLIE AVE2025-01$2,150,0001,89458.3%
102 E 20TH STREET2025-03$2,500,0002,28251.5%
10 W JEROME AVE2026-01$2,100,0002,18852.7%

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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 →