The Fair Share Report
437 Risley 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 $459,523 – $641,008, 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 $532,747 home should be assessed near $277,401.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,801 below what the ratio math suggests (16.5%).
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 |
|---|---|---|---|---|
| 316 GULL COVE | 2026-02 | $461,000 | 1,160 | 53.3% |
| 317 ARBEGAST DRIVE | 2025-09 | $525,000 | 1,160 | 47.5% |
| 303 SEASHELL LANE | 2025-03 | $525,000 | 1,160 | 43.2% |
| 801 E EVANS BLVD | 2025-03 | $680,000 | 1,144 | 37.9% |
| 4540 W BRIGANTINE AVE | 2025-08 | $537,000 | 1,162 | 55.7% |
| 504 LAFAYETTE BLVD | 2025-04 | $525,000 | 1,196 | 47.5% |
| 317 SEASHELL LANE | 2025-02 | $525,000 | 1,152 | 47.3% |
| 227 36TH STREET SO | 2025-06 | $349,000 | 1,188 | 71.2% |
| 20 LIGHTHOUSE DR | 2025-08 | $380,000 | 1,164 | 69.9% |
| 4240 ATL-BRIGANTINE BLVD | 2025-03 | $470,000 | 1,152 | 53.5% |
| 19 COQUILLE BEACH DR | 2025-10 | $630,000 | 1,121 | 49.4% |
| 17 COQUILLE BEACH DR | 2025-09 | $589,000 | 1,121 | 48.0% |
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