The Fair Share Report

2 E Mariners Ln

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

≈ $1,982,853

Likely range $1,532,007 – $2,164,225, 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 $1,982,853 home should be assessed near $1,296,984.

Step 3 · Assessed value

$982,700

Set at the last town-wide revaluation and mostly frozen since. That's $314,284 below what the ratio math suggests (24.2%).

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

$8,972/yr
Public schools$2,489
Ocean County$4,319
Town of Long Beach$2,164
Long Beach average$11,895

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

Town median 54.6%
This home · 49.6%

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
127 E 13TH STREET2025-09$2,500,0001,97451.0%
1805 BEACH AVE2026-03$2,479,9992,05551.7%
102 E LILLIE AVE2025-01$2,150,0001,89458.3%
1709 LONG BEACH BLVD2025-03$1,500,0001,87459.3%
4 E GOLDSBOROUGH AVE2026-05$2,050,0002,04052.8%
15 W 13TH STREET U-22025-11$1,675,0002,15664.5%
40 W MARYLAND AVE2025-12$1,740,0002,15062.5%
15 E 16TH STREET2025-03$2,100,0002,05254.7%
9315 NORTH SUSAN LANE2026-01$1,700,0001,86846.7%
14 E 44TH STREET2025-03$2,340,0002,21552.7%
1060B LONG BEACH BLVD CW2026-05$1,750,0002,22049.1%
7 W SELFRIDGE AVE2025-08$2,150,0002,23947.8%

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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 →