The Fair Share Report

100 Roanoke Ave

Berkeley, NJ 08751

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

≈ $773,511

Likely range $651,449 – $1,061,023, from 12 comparable Berkeley sales in the past 18 months, at this home's 3,139 sq ft.

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 $773,511 home should be assessed near $409,574.

Step 3 · Assessed value

$411,200

Set at the last town-wide revaluation and mostly frozen since. That's $1,626 above what the ratio math suggests (0.4%).

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

$10,650/yr
Public schools$4,988
Ocean County$2,393
Town of Berkeley$3,269
Berkeley average$5,442

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

Town median 46.3%
This home · 53.2%

30%69%

Paying about right

This home's ratio lands inside Berkeley'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
241 TWENTY-THIRD AVE2025-07$1,298,0003,07450.1%
22 CORRIGAN AVE2025-07$749,0003,10852.5%
101 CHELSEA AVE2025-11$549,9002,74854.6%
40 MORRIS BLVD2025-12$585,0002,37452.0%
46 TIMBERLINE RD2025-08$637,0002,90659.1%
48 TIMBERLINE RD2025-04$595,0002,86766.2%
5 OVERLOOK CT2025-10$760,0003,00348.1%
56 TIMBERLINE RD2026-06$768,0003,49050.1%
52 CRANMER RD2025-07$525,0002,59255.3%
68 MOORAGE AVE2026-06$950,0003,36661.7%
8 GLENWOOD DR2025-03$455,0002,24365.5%
27 BOWSPRIT DR2025-01$995,0002,82260.3%

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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 →