The Fair Share Report
401 E Beach Ave
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.
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Step 1 · Market value
Likely range $536,814 – $716,881, from 12 comparable Brigantine sales in the past 18 months, at this home's 1,348 sq ft.
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 $601,786 home should be assessed near $313,350.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,350 below what the ratio math suggests (15.7%).
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
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 |
|---|---|---|---|---|
| 217 VERNON PLACE | 2026-01 | $625,000 | 1,400 | 40.1% |
| 241 3RD STREET SO | 2025-05 | $575,000 | 1,343 | 47.4% |
| 514 CAVERLY DR | 2025-06 | $450,000 | 1,252 | 64.0% |
| 3 LIGHTHOUSE COVE | 2025-11 | $540,000 | 1,356 | 44.2% |
| 101 W BRIGANTINE AVE | 2025-06 | $536,500 | 1,317 | 76.4% |
| 506 LAFAYETTE BLVD | 2025-06 | $701,990 | 1,320 | 37.1% |
| 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% |
| 4800 HARBOR BEACH BLVD | 2025-05 | $689,000 | 1,490 | 57.3% |
| 4800 HARBOR BEACH BLVD | 2025-02 | $720,000 | 1,490 | 53.0% |
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