The Fair Share Report
331 37th St So
Brigantine, NJ 08075
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 $557,187 – $938,145, 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 $663,614 home should be assessed near $345,544.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,344 below what the ratio math suggests (4.2%).
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
30%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 |
|---|---|---|---|---|
| 222 40TH STREET SO | 2025-08 | $670,000 | 1,253 | 43.4% |
| 227 33RD STREET SO | 2025-02 | $715,000 | 1,260 | 49.4% |
| 315 22ND STREET SO | 2026-05 | $885,000 | 1,107 | 53.7% |
| 338 36TH STREET SO | 2025-01 | $830,000 | 1,365 | 41.5% |
| 12 LAGOON BLVD | 2025-04 | $875,000 | 1,227 | 40.2% |
| 222 8TH STREET SO | 2025-03 | $725,000 | 1,144 | 37.2% |
| 251 38TH STREET SO | 2025-01 | $655,000 | 1,212 | 42.0% |
| 142 WASHINGTON DR | 2025-09 | $560,000 | 1,336 | 46.2% |
| 111 21ST STREET SO | 2025-08 | $775,000 | 1,064 | 35.0% |
| 2 11TH STREET NO | 2025-06 | $615,000 | 1,331 | 44.1% |
| 303 24TH STREET SO | 2025-10 | $890,000 | 1,040 | 51.4% |
| 1 LIGHTHOUSE COVE | 2025-07 | $570,000 | 1,260 | 41.2% |
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