The Fair Share Report
503 E Beach Ave
Brigantine, NJ 08033
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 $579,241 – $775,750, 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 $684,948 home should be assessed near $356,652.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,852 below what the ratio math suggests (27.2%).
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
28%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 |
|---|---|---|---|---|
| 338 36TH STREET SO | 2025-01 | $830,000 | 1,365 | 41.5% |
| 4504 HARBOR BEACH BLVD | 2025-12 | $746,500 | 1,516 | 42.8% |
| 142 WASHINGTON DR | 2025-09 | $560,000 | 1,336 | 46.2% |
| 2 11TH STREET NO | 2025-06 | $615,000 | 1,331 | 44.1% |
| 3612 BAYSHORE AVE | 2025-05 | $600,000 | 1,700 | 50.0% |
| 350 37TH STREET SO | 2025-12 | $650,000 | 1,496 | 53.8% |
| 227 33RD STREET SO | 2025-02 | $715,000 | 1,260 | 49.4% |
| 217 VERNON PLACE | 2026-01 | $625,000 | 1,400 | 40.1% |
| 289 40TH STREET SO | 2025-08 | $750,000 | 1,310 | 37.1% |
| 222 40TH STREET SO | 2025-08 | $670,000 | 1,253 | 43.4% |
| 506 LAFAYETTE BLVD | 2025-06 | $701,990 | 1,320 | 37.1% |
| 241 3RD STREET SO | 2025-05 | $575,000 | 1,343 | 47.4% |
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