The Fair Share Report
9 E 23rd St
Long Beach, 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 $1,391,169 – $2,015,038, from 12 comparable Long Beach sales in the past 18 months, at this home's 1,608 sq ft.
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 $1,576,471 home should be assessed near $1,031,170.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $231,970 below what the ratio math suggests (22.5%).
Step 4 · The tax rate — same for every Long Beach home
$0.253 Schools · 28% $0.439 County · 48% $0.220 Town · 24%
This home's own bill implies $0.882 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Long Beach sale · assessed ÷ market
34%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 |
|---|---|---|---|---|
| 18 E 23RD STREET | 2025-09 | $1,500,000 | 1,530 | 43.3% |
| 12611 LONG BEACH BLVD | 2025-10 | $1,300,000 | 1,576 | 53.5% |
| 33 ADRIAN ROAD | 2025-10 | $1,718,000 | 1,728 | 52.1% |
| 132 E OLD WHALING LANE | 2025-04 | $2,000,000 | 1,596 | 45.4% |
| 12103 OCEAN AVE | 2025-04 | $4,000,000 | 1,622 | 50.8% |
| 16 W SUSAN AVE | 2025-05 | $1,279,000 | 1,576 | 58.1% |
| 2904 S LONG BEACH BLVD | 2025-05 | $1,600,000 | 1,778 | 44.3% |
| 9 W INLET RD | 2026-01 | $1,715,000 | 1,554 | 43.3% |
| 10 W MARSHALL AVE | 2025-03 | $1,300,000 | 1,440 | 46.1% |
| 187 NAUTILUS DRIVE | 2025-03 | $2,400,000 | 1,598 | 52.5% |
| 18 W ALABAMA AVE | 2025-03 | $1,450,000 | 1,676 | 50.7% |
| 166C MARINA BLVD | 2025-10 | $2,750,000 | 1,824 | 41.0% |
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