The Fair Share Report

6 E Sigsbee Ave

Long Beach, NJ 08055

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.

Step 1 · Market value

≈ $1,798,375

Likely range $1,522,723 – $2,139,698, from 12 comparable Long Beach sales in the past 18 months, at this home's 2,156 sq ft.

Step 2 · The Director's Ratio

65.41%

The state's official measure of how far Long Beach assessments sit below market value — republished every October, applied town-wide. A $1,798,375 home should be assessed near $1,176,317.

Step 3 · Assessed value

$808,000

Set at the last town-wide revaluation and mostly frozen since. That's $368,317 below what the ratio math suggests (31.3%).

Step 4 · The tax rate — same for every Long Beach home

$0.913 per $100 assessed

$0.253 Schools · 28% $0.439 County · 48% $0.220 Town · 24%

Step 5 · The bill

$7,377/yr
Public schools$2,046
Ocean County$3,551
Town of Long Beach$1,780
Long Beach average$11,895

This home vs. every recent Long Beach sale · assessed ÷ market

Town median 54.6%
This home · 44.9%

32%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)

AddressSoldPriceSq ftRatio
112 W NEW JERSEY AVE2025-04$1,599,0002,26466.6%
119 E PENNSYLVANIA AVE2026-05$1,975,0002,42853.5%
119 E HOLLY BANKS LANE2025-05$2,100,0002,11651.9%
1600 ATLANTIC AVE2025-04$2,030,0002,47857.5%
115 E 29TH STREET2026-01$1,800,0001,99159.0%
23 W WINIFRED AVE2025-04$1,350,0001,98260.0%
21 E TENNESSEE AVE2026-06$1,850,0001,85254.2%
15 E SURF AVE2025-02$1,250,0001,84867.9%
4600 OCEAN BLVD2025-10$1,990,0001,85653.7%
6203 LONG BEACH BLVD2025-12$1,755,0002,10436.7%
18 E DUPONT AVE2025-10$1,975,0002,54836.1%
20 E 50TH STREET2025-04$1,700,0001,81644.1%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →