The Fair Share Report

10 Pavilion St

Berkeley, NJ 08757

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $348,596

Likely range $262,498 – $403,944, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $348,596 home should be assessed near $184,582.

Step 3 · Assessed value

$128,600

Set at the last town-wide revaluation and mostly frozen since. That's $55,982 below what the ratio math suggests (30.3%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$3,331/yr
Public schools$1,560
Ocean County$748
Town of Berkeley$1,022
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 36.9%

26%68%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
83 CABRILLO BLVD2026-05$335,0001,23237.0%
9 BAHAMIA DR2026-02$320,0001,23237.8%
52 ORLANDO BLVD2025-12$255,0001,29248.7%
4 BEAUMONT CT2025-02$440,0001,32828.1%
409 COSTA MESA DR2026-05$360,0001,23236.3%
4 PUERTO VALLARTA ST2026-03$295,0001,23242.3%
8 TIJUANA CT2026-02$260,0001,23245.6%
21 CABRILLO BLVD2025-12$346,0001,23235.5%
7 TIJUANA CT2025-11$270,0001,23244.8%
171 BIABOU DR2025-10$375,0001,23245.7%
14 TIJUANA CT2025-08$265,0001,23243.4%
10 PUERTO VALLARTA ST2025-05$380,0001,23241.2%

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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 →