The Fair Share Report
40 Shipmaster Dr
Brigantine, NJ 08080
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 $582,584 – $1,081,061, 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 $713,231 home should be assessed near $371,379.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,979 below what the ratio math suggests (5.9%).
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
27%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 |
|---|---|---|---|---|
| 518 LAFAYETTE BLVD | 2026-04 | $540,000 | 1,462 | 49.6% |
| 8 MACDERMOTT PLACE | 2025-10 | $760,000 | 1,560 | 39.0% |
| 916 N SHORE DR | 2026-04 | $1,400,000 | 1,476 | 38.4% |
| 3 SANDY LANE | 2025-09 | $879,000 | 1,637 | 42.7% |
| 2 SURF LANE | 2025-11 | $885,000 | 1,260 | 41.7% |
| 506 LAFAYETTE BLVD | 2025-06 | $701,990 | 1,320 | 37.1% |
| 2 11TH STREET NO | 2025-06 | $615,000 | 1,331 | 44.1% |
| 128 HUDSON DR | 2025-04 | $885,000 | 1,304 | 36.2% |
| 4504 HARBOR BEACH BLVD | 2025-12 | $746,500 | 1,516 | 42.8% |
| 202 ROOSEVELT BLVD NO | 2025-07 | $649,000 | 1,376 | 41.7% |
| 74 DELMAR DRIVE | 2025-08 | $466,251 | 1,655 | 34.6% |
| 142 WASHINGTON DR | 2025-09 | $560,000 | 1,336 | 46.2% |
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