The Fair Share Report

100 Willow St

Berkeley, NJ 08741

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

≈ $426,219

Likely range $328,450 – $493,585, 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 $426,219 home should be assessed near $225,683.

Step 3 · Assessed value

$239,800

Set at the last town-wide revaluation and mostly frozen since. That's $14,117 above what the ratio math suggests (6.3%).

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

$6,211/yr
Public schools$2,909
Ocean County$1,396
Town of Berkeley$1,906
Berkeley average$5,442

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

Town median 46.3%
This home · 56.3%

30%78%

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
40 THIRD AVE2025-09$400,0001,25136.4%
9 FREDERICK DR2025-12$335,0001,30066.3%
144 RED BANK AVE2025-09$285,0001,31670.8%
273 EVERGREEN DR2026-05$890,0001,26052.6%
220 LONG BRANCH AVE2025-02$416,3501,34446.1%
58 PARK AVE2026-06$415,0001,24847.1%
40 DOCKAGE RD2025-12$370,0001,26057.5%
117 MILL CREEK RD2025-09$420,0001,28247.9%
55 SOUTH AVE2025-08$525,0001,40444.4%
39 SLOOP CREEK RD2026-05$465,0001,24454.1%
119 SHERMAN AVE2025-01$435,0001,20039.2%
21 DOCKAGE RD2025-08$370,0001,49662.6%

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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 →