The Fair Share Report

100 Twenty Third Ave

Berkeley, NJ 07006

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

≈ $506,643

Likely range $223,436 – $671,942, 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 $506,643 home should be assessed near $268,267.

Step 3 · Assessed value

$350,000

Set at the last town-wide revaluation and mostly frozen since. That's $81,733 above what the ratio math suggests (30.5%).

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

$9,065/yr
Public schools$4,246
Ocean County$2,037
Town of Berkeley$2,783
Berkeley average$5,442

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

Town median 46.3%
This home · 69.1%

30%162%

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
22 TWENTY-FIRST AVE2026-06$1,300,00082740.8%
12 LAWRENCE AVE2025-06$335,00082257.5%
1481 BARNEGAT AVE2026-01$675,00087651.0%
937 EDGEBROOK DR NORTH2026-01$170,00081659.1%
213 FERNWOOD DR2025-08$520,00076254.6%
55 SECOND AVE2025-05$275,00086437.0%
210 FERNWOOD DR2025-11$580,00096047.0%
136 TWENTY-FOURTH AVE2025-01$777,77772650.2%
227 BUTLER BLVD2025-07$500,00082846.7%
50 PARK AVE2025-10$427,00096046.8%
231 BUTLER BLVD2025-12$480,00077560.1%
3 YORK CT2025-08$280,00092336.6%

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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 →