The Fair Share Report

22 E Weldon Pl

Long Beach, NJ 07950

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

≈ $1,494,988

Likely range $1,250,000 – $1,653,061, from 12 comparable Long Beach sales in the past 18 months, at this home's 1,728 sq ft.

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 $1,494,988 home should be assessed near $977,872.

Step 3 · Assessed value

$842,100

Set at the last town-wide revaluation and mostly frozen since. That's $135,772 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

$7,688/yr
Public schools$2,133
Ocean County$3,701
Town of Long Beach$1,855
Long Beach average$11,895

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

Town median 54.6%
This home · 56.3%

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
113 E MERMAID LANE2025-10$1,250,0001,72881.7%
121 E SAND DUNE LANE2026-04$2,225,0001,80858.1%
2 E 52ND STREET2025-04$1,375,0001,63246.0%
42 W TEBCO TERRACE2025-04$1,550,0001,65945.3%
3 MEA LANE2026-05$975,0001,60060.9%
118 E CALIFORNIA AVE2025-04$1,901,9831,73651.8%
28 W JACQUELINE AVE2026-01$1,585,0001,73846.5%
18 W ALABAMA AVE2025-03$1,450,0001,67650.7%
10 E 48TH STREET2025-09$1,500,0001,56858.4%
31 W CALIFORNIA AVE2025-12$1,275,0001,54854.9%
5909 OCEAN BLVD2026-01$1,760,0001,63268.0%
29 W TEBCO TERRACE2025-08$1,100,0001,87662.7%

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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 →