The Fair Share Report

2 E Harmony Ave

Long Beach, NJ 08620

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

≈ $2,338,238

Likely range $1,932,301 – $2,516,366, 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 $2,338,238 home should be assessed near $1,529,441.

Step 3 · Assessed value

$1,183,500

Set at the last town-wide revaluation and mostly frozen since. That's $345,941 below what the ratio math suggests (22.6%).

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

$10,805/yr
Public schools$2,998
Ocean County$5,201
Town of Long Beach$2,607
Long Beach average$11,895

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

Town median 54.6%
This home · 50.6%

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
22 W 13TH STREET U-A2025-05$2,100,0002,36849.1%
7 W SELFRIDGE AVE2025-08$2,150,0002,23947.8%
102 E 20TH STREET2025-03$2,500,0002,28251.5%
2704 LONG BEACH BLVD2025-01$2,000,0002,28874.7%
10 W JEROME AVE2026-01$2,100,0002,18852.7%
127 W NEW JERSEY AVE2025-10$2,499,0002,39156.7%
14 E 44TH STREET2025-03$2,340,0002,21552.7%
114 W OSBORN AVE2026-04$2,475,0002,25843.5%
103 W JEANETTE AVE2025-12$2,050,0002,31657.4%
120 E 15TH STREET2025-12$3,100,0002,41547.5%
110 ARNOLD BLVD2025-09$2,483,4552,44844.7%
40 W MARYLAND AVE2025-12$1,740,0002,15062.5%

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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 →