The Fair Share Report

20 E Weldon Pl

Long Beach, NJ 07076

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

≈ $1,307,717

Likely range $1,150,769 – $1,599,590, 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 $1,307,717 home should be assessed near $855,378.

Step 3 · Assessed value

$819,500

Set at the last town-wide revaluation and mostly frozen since. That's $35,878 below what the ratio math suggests (4.2%).

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

$7,482/yr
Public schools$2,076
Ocean County$3,602
Town of Long Beach$1,805
Long Beach average$11,895

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

Town median 54.6%
This home · 62.7%

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
27 E 27TH STREET2026-05$1,400,0001,47045.6%
24 W CAROLINA AVE2025-08$1,125,0001,23252.2%
116 E 28TH STREET2026-04$1,650,0001,27047.8%
26 W OCEAN VIEW DRIVE2026-04$1,349,0001,29451.1%
2912 BEACH AVE2025-10$1,360,0001,34444.7%
26 MEA LANE2025-12$1,200,0001,23259.0%
31 W CALIFORNIA AVE2025-12$1,275,0001,54854.9%
7 E 19TH STREET2025-10$1,500,0001,32837.3%
3 MEA LANE2026-05$975,0001,60060.9%
9708 BEACH AVE2025-05$1,257,5001,45647.7%
8 W CAROLINA AVE2026-02$1,269,0001,41447.6%
109 E MASSACHUSETTS AVE2024-12$1,515,0001,24877.9%

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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 →