The Fair Share Report
6 E Cape Cod Ln
Long Beach, NJ 07751
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 $2,268,919 – $2,554,600, from 12 comparable Long Beach 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 Long Beach assessments sit below market value — republished every October, applied town-wide. A $2,481,669 home should be assessed near $1,623,260.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $309,360 below what the ratio math suggests (19.1%).
Step 4 · The tax rate — same for every Long Beach home
$0.253 Schools · 28% $0.439 County · 48% $0.220 Town · 24%
Step 5 · The bill
This home vs. every recent Long Beach sale · assessed ÷ market
38%81%
Paying about right
This home's ratio lands inside Long Beach'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 |
|---|---|---|---|---|
| 83 W TEBCO TERRACE U-C | 2025-09 | $2,275,000 | 2,405 | 67.8% |
| 83 W TEBCO TERRACE U-D | 2025-09 | $2,325,000 | 2,405 | 66.4% |
| 12 E 45TH STREET | 2025-02 | $2,400,000 | 2,282 | 56.1% |
| 24 E 50TH STREET | 2025-06 | $2,295,000 | 2,356 | 57.8% |
| 9 W HARDING AVE | 2026-05 | $2,460,000 | 2,384 | 48.5% |
| 120 E 15TH STREET | 2025-12 | $3,100,000 | 2,415 | 47.5% |
| 114 W OSBORN AVE | 2026-04 | $2,475,000 | 2,258 | 43.5% |
| 22 W 13TH STREET U-A | 2025-05 | $2,100,000 | 2,368 | 49.1% |
| 127 W NEW JERSEY AVE | 2025-10 | $2,499,000 | 2,391 | 56.7% |
| 14 E 44TH STREET | 2025-03 | $2,340,000 | 2,215 | 52.7% |
| 102 E 20TH STREET | 2025-03 | $2,500,000 | 2,282 | 51.5% |
| 40 W MARYLAND AVE | 2025-12 | $1,740,000 | 2,150 | 62.5% |
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