The Fair Share Report
40 Surfside Rd
Brigantine, NJ 08054
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 $497,719 – $793,018, 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 $727,897 home should be assessed near $379,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,116 below what the ratio math suggests (11.4%).
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%73%
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 |
|---|---|---|---|---|
| 8 MACDERMOTT PLACE | 2025-10 | $760,000 | 1,560 | 39.0% |
| 525 CASA DRIVE | 2026-01 | $399,900 | 1,613 | 40.9% |
| 74 DELMAR DRIVE | 2025-08 | $466,251 | 1,655 | 34.6% |
| 245 38TH STREET SO | 2026-03 | $772,500 | 1,680 | 37.2% |
| 5 BEACON LANE | 2026-03 | $835,000 | 1,700 | 41.0% |
| 3 SANDY LANE | 2025-09 | $879,000 | 1,637 | 42.7% |
| 518 LAFAYETTE BLVD | 2026-04 | $540,000 | 1,462 | 49.6% |
| 346 GULL COVE | 2025-10 | $600,000 | 1,722 | 47.5% |
| 4800 HARBOR BEACH BLVD | 2026-05 | $875,000 | 1,490 | 43.6% |
| 4800 HARBOR BEACH BLVD | 2026-02 | $600,000 | 1,490 | 58.6% |
| 4800 HARBOR BEACH BLVD | 2025-10 | $520,000 | 1,490 | 67.5% |
| 4800 HARBOR BEACH BLVD | 2025-06 | $675,000 | 1,490 | 48.1% |
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