The Fair Share Report
25 Explorer Rd
Brigantine, NJ 08203
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $518,077 – $875,820, from 12 comparable Brigantine sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Brigantine assessments sit below market value — republished every October, applied town-wide. A $634,737 home should be assessed near $330,508.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,908 below what the ratio math suggests (8.7%).
Step 4 · The tax rate — same for every Brigantine home
$0.477 Schools · 24% $0.754 County · 39% $0.722 Town · 37%
Step 5 · The bill
This home vs. every recent Brigantine sale · assessed ÷ market
29%65%
Paying about right
This home's ratio lands inside Brigantine's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 LAGOON BLVD | 2025-04 | $875,000 | 1,227 | 40.2% |
| 142 WASHINGTON DR | 2025-09 | $560,000 | 1,336 | 46.2% |
| 2 11TH STREET NO | 2025-06 | $615,000 | 1,331 | 44.1% |
| 504 LAFAYETTE BLVD | 2025-04 | $525,000 | 1,196 | 47.5% |
| 202 ROOSEVELT BLVD NO | 2025-07 | $649,000 | 1,376 | 41.7% |
| 128 HUDSON DR | 2025-04 | $885,000 | 1,304 | 36.2% |
| 29 CUMMINGS PLACE | 2026-04 | $739,000 | 1,214 | 37.8% |
| 2 SURF LANE | 2025-11 | $885,000 | 1,260 | 41.7% |
| 317 ARBEGAST DRIVE | 2025-09 | $525,000 | 1,160 | 47.5% |
| 303 SEASHELL LANE | 2025-03 | $525,000 | 1,160 | 43.2% |
| 317 SEASHELL LANE | 2025-02 | $525,000 | 1,152 | 47.3% |
| 19 COQUILLE BEACH DR | 2025-10 | $630,000 | 1,121 | 49.4% |
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