The Fair Share Report
501 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 $594,175 – $818,170, 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 $701,533 home should be assessed near $365,288.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,488 below what the ratio math suggests (4.0%).
Step 4 · The tax rate — same for every Brigantine home
$0.477 Schools · 24% $0.754 County · 39% $0.722 Town · 37%
This home's own bill implies $1.834 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 17 HORIZON LANE | 2025-05 | $775,000 | 1,766 | 43.9% |
| 801 FOWNES AVE | 2025-07 | $665,000 | 1,728 | 44.4% |
| 4153 ATL-BRIGANTINE BLVD | 2025-11 | $999,999 | 1,682 | 46.3% |
| 217 HAGEN RD | 2026-01 | $690,000 | 1,676 | 49.8% |
| 95 SAILFISH DRIVE | 2025-12 | $715,000 | 1,752 | 32.5% |
| 245 38TH STREET SO | 2026-03 | $772,500 | 1,680 | 37.2% |
| 346 GULL COVE | 2025-10 | $600,000 | 1,722 | 47.5% |
| 341 ARBEGAST DRIVE | 2025-05 | $625,000 | 1,722 | 46.8% |
| 50 SAILFISH DRIVE | 2025-11 | $790,000 | 1,828 | 39.0% |
| 66 SAILFISH DRIVE | 2025-08 | $659,000 | 1,828 | 48.8% |
| 454 W SHORE DR | 2025-02 | $875,000 | 1,821 | 52.6% |
| 202 HAGEN RD | 2026-05 | $663,000 | 1,902 | 52.8% |
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