The Fair Share Report

17 E Weldon Pl

Long Beach, NJ 07470

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

≈ $1,325,714

Likely range $1,210,595 – $1,480,646, 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 $1,325,714 home should be assessed near $867,150.

Step 3 · Assessed value

$853,900

Set at the last town-wide revaluation and mostly frozen since. That's $13,250 below what the ratio math suggests (1.5%).

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

$7,796/yr
Public schools$2,163
Ocean County$3,753
Town of Long Beach$1,881
Long Beach average$11,895

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

Town median 54.6%
This home · 64.4%

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
109 E MASSACHUSETTS AVE2024-12$1,515,0001,24877.9%
9 W MCKINLEY AVE2025-11$1,275,0001,44049.2%
26 MEA LANE2025-12$1,200,0001,23259.0%
27 E 27TH STREET2026-05$1,400,0001,47045.6%
10 E 48TH STREET2025-09$1,500,0001,56858.4%
31 W CALIFORNIA AVE2025-12$1,275,0001,54854.9%
24 W CAROLINA AVE2025-08$1,125,0001,23252.2%
116 E 28TH STREET2026-04$1,650,0001,27047.8%
10 W MARSHALL AVE2025-03$1,300,0001,44046.1%
26 W OCEAN VIEW DRIVE2026-04$1,349,0001,29451.1%
9708 BEACH AVE2025-05$1,257,5001,45647.7%
3 MEA LANE2026-05$975,0001,60060.9%

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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 →