Green on a fitting isn't a problem. Having fittings snap is.we don't know the metal used on any of these gate valves or nipples. Maybe po used a brass nipple explains why it snapped. Yes you could just replace nipple if the gate valve closes replace the fitting. Hang lots of zinc over the side and pray. There are signs of not good stuff like the
single rusty hose clamp. I would haul. And get this right. If a hose bursts a clamp fails or another brass nipple let's loose you will loose everything. The body of the gate valve may be
bronze not uncommon on straight thread fittings but we can't tell. The nipple failed not from the surface stuff you see but the
corrosion on the other side you don't see. Haul the
boat and get fittings that are known double clamp the hoses and replace with new, I'm trying to get out of the box you can't haul now but the right twhingl to do is haul. Take that for what it is. Suprisedmno one has creamed me yet