The Fair Share Report

110 E Weldon Pl

Long Beach, NJ 08008

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

≈ $1,889,010

Likely range $1,580,948 – $2,237,969, 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 $1,889,010 home should be assessed near $1,235,601.

Step 3 · Assessed value

$1,213,300

Set at the last town-wide revaluation and mostly frozen since. That's $22,301 below what the ratio math suggests (1.8%).

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

$11,077/yr
Public schools$3,073
Ocean County$5,332
Town of Long Beach$2,672
Long Beach average$11,895

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

Town median 54.6%
This home · 64.2%

38%82%

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
3 W CLEVELAND AVE2026-03$1,830,7501,85454.2%
130 E PENNSYLVANIA AVE2026-05$2,700,0001,86445.9%
29 W TEBCO TERRACE2025-08$1,100,0001,87662.7%
4 W JOSHUA AVE2026-03$1,675,0001,88442.4%
204 E 26TH STREET2025-11$2,495,0001,94450.2%
6 E 51ST STREET2026-05$1,650,0001,72841.3%
11 E JEANETTE AVE2025-10$1,595,0001,86155.9%
121 E SAND DUNE LANE2026-04$2,225,0001,80858.1%
113 E MERMAID LANE2025-10$1,250,0001,72881.7%
105 E INDIANA AVE2025-06$2,000,0001,92857.1%
31 W BAY BERRY DRIVE2025-12$2,173,5001,99252.5%
7 W JULIA AVE2026-05$1,775,0001,80449.8%

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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 →