The Fair Share Report

20 E 43rd St

Long Beach, NJ 08077

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

≈ $1,344,241

Likely range $876,026 – $1,678,545, 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 $1,344,241 home should be assessed near $879,268.

Step 3 · Assessed value

$756,700

Set at the last town-wide revaluation and mostly frozen since. That's $122,568 below what the ratio math suggests (13.9%).

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

$6,909/yr
Public schools$1,917
Ocean County$3,326
Town of Long Beach$1,667
Long Beach average$11,895

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

Town median 54.6%
This home · 56.3%

38%92%

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
13 E 38TH STREET2025-03$901,0001,52078.3%
9708 BEACH AVE2025-05$1,257,5001,45647.7%
4002 OCEAN BLVD2026-01$1,999,0001,47450.3%
27 E 27TH STREET2026-05$1,400,0001,47045.6%
5401 WEST AVE2025-06$935,0001,42877.2%
8 W CAROLINA AVE2026-02$1,269,0001,41447.6%
28 W JACQUELINE AVE2026-01$1,585,0001,73846.5%
3 MEA LANE2026-05$975,0001,60060.9%
118 E CALIFORNIA AVE2025-04$1,901,9831,73651.8%
7 E 19TH STREET2025-10$1,500,0001,32837.3%
7 W 29TH STREET2025-05$999,0001,79546.9%
31 W CALIFORNIA AVE2025-12$1,275,0001,54854.9%

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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 →