The Fair Share Report

16 E Sumner Ave

Long Beach, NJ 07481

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

≈ $2,972,810

Likely range $2,750,044 – $3,525,221, 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 $2,972,810 home should be assessed near $1,944,515.

Step 3 · Assessed value

$1,620,900

Set at the last town-wide revaluation and mostly frozen since. That's $323,615 below what the ratio math suggests (16.6%).

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

$14,799/yr
Public schools$4,105
Ocean County$7,124
Town of Long Beach$3,570
Long Beach average$11,895

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

Town median 54.6%
This home · 54.5%

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 W HARDING AVE2025-08$2,900,0002,82850.6%
4302 S LONG BEACH BLVD2025-04$3,600,0002,92249.7%
17 W HARDING AVE2026-01$2,650,0002,80855.0%
10 W JUDITH AVE2025-12$2,550,0002,76655.5%
11 E MEARS AVE2025-01$3,000,0002,97960.8%
115 E VIRGINIA AVE2025-02$3,750,0003,08259.9%
109 E TEXAS AVE2026-01$3,173,3302,73956.0%
9 W SUMNER AVE2026-05$2,475,0003,13259.3%
11 WEST MURIEL AVENUE2025-06$2,562,5002,63458.4%
9 W HARDING AVE2026-05$2,460,0002,38448.5%
120 E 15TH STREET2025-12$3,100,0002,41547.5%
83 W TEBCO TERRACE U-C2025-09$2,275,0002,40567.8%

Is this your house?

Run your own report →

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 →