The Fair Share Report

2 E Seashell Ln

Long Beach, NJ 07430

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

≈ $3,571,280

Likely range $2,982,755 – $4,018,904, 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 $3,571,280 home should be assessed near $2,335,974.

Step 3 · Assessed value

$1,896,300

Set at the last town-wide revaluation and mostly frozen since. That's $439,674 below what the ratio math suggests (18.8%).

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

$17,313/yr
Public schools$4,803
Ocean County$8,334
Town of Long Beach$4,176
Long Beach average$11,895

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

Town median 54.6%
This home · 53.1%

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
1085A LONG BEACH BLVD2025-09$3,150,0003,23459.2%
168E LONG BEACH BLVD2025-07$3,600,0003,25958.6%
115 E VIRGINIA AVE2025-02$3,750,0003,08259.9%
1063B LONG BEACH BLVD2025-08$4,250,0003,80063.6%
5701 OCEAN BLVD2025-01$5,950,0003,98168.3%
40B LONG BEACH BLVD2026-02$3,400,0003,00353.7%
47 HARBOR LANE2025-02$3,100,0003,68163.5%
32B LONG BEACH BLVD2026-02$2,800,0003,14854.8%
1013B LONG BEACH BLVD2025-05$4,455,0004,16468.6%
337 CRANBERRY DRIVE2025-12$4,750,0004,04956.0%
9 W SUMNER AVE2026-05$2,475,0003,13259.3%
156 MARINA BLVD2025-01$3,675,0004,05251.6%

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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 →