The Fair Share Report
517 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 $688,878 – $1,092,314, from 12 comparable Brigantine sales in the past 18 months, at this home's 2,333 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 $941,104 home should be assessed near $490,033.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,733 below what the ratio math suggests (12.0%).
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%68%
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 |
|---|---|---|---|---|
| 911 N SHORE DR | 2026-04 | $800,000 | 2,200 | 46.7% |
| 1308 VARDON CIRCLE | 2026-05 | $650,000 | 2,282 | 52.1% |
| 201 25TH STREET SO | 2025-11 | $1,500,000 | 2,166 | 35.9% |
| 335 GULL COVE | 2025-10 | $970,000 | 2,116 | 45.3% |
| 1305 VARDON RD | 2026-04 | $675,000 | 2,286 | 51.8% |
| 18 MACDONALD PLACE | 2025-08 | $700,000 | 2,416 | 51.6% |
| 317 GULL COVE | 2026-01 | $985,000 | 2,232 | 42.1% |
| 311 43RD STREET SO | 2026-05 | $1,200,000 | 2,563 | 46.5% |
| 404 29TH STREET SO | 2025-06 | $2,275,000 | 2,566 | 48.8% |
| 337 GULL COVE | 2025-10 | $1,025,000 | 2,250 | 40.9% |
| 79 LAGOON BLVD | 2025-07 | $1,300,000 | 2,215 | 55.3% |
| 5 COLLETTE CIRCLE | 2025-12 | $750,000 | 2,029 | 46.0% |
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