The Fair Share Report

103 Beach Dr

Berkeley, NJ 08752

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

≈ $358,802

Likely range $323,918 – $504,273, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,497 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 $358,802 home should be assessed near $189,986.

Step 3 · Assessed value

$466,100

Set at the last town-wide revaluation and mostly frozen since. That's $276,114 above what the ratio math suggests (145.3%).

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

$12,072/yr
Public schools$5,654
Ocean County$2,713
Town of Berkeley$3,705
Berkeley average$5,442

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

Town median 46.3%
This home · 129.9%

30%149%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $7,151/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
33 BLUE HERON LANE2026-05$483,5001,49550.8%
117 SANDPIPER LN2026-01$290,0001,44870.6%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
110 SANDPIPER LN2025-07$340,0001,41858.1%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%
70 WINTERTON DR2026-03$325,0001,50245.7%
340 JAMAICA BLVD2026-02$270,0001,50957.6%
1 MAPLETON RD2025-07$510,0001,51426.1%

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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 →