The Fair Share Report

103 Surf 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

≈ $668,563

Likely range $524,883 – $828,108, 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 $668,563 home should be assessed near $354,004.

Step 3 · Assessed value

$518,600

Set at the last town-wide revaluation and mostly frozen since. That's $164,596 above what the ratio math suggests (46.5%).

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

$13,432/yr
Public schools$6,291
Ocean County$3,018
Town of Berkeley$4,123
Berkeley average$5,442

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

Town median 46.3%
This home · 77.6%

30%104%

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 $4,263/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
100 TWENTIETH AVE2025-04$982,5001,94552.2%
51 AMHERST DR2025-08$950,0002,40056.2%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
7 ALBATROSS PT2026-03$820,0002,27747.9%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
236 CEDAR DR2025-02$824,9001,84046.9%
18 SKIMMER LANE2025-07$495,0001,72855.4%
535 EASTERN BLVD2025-12$580,0001,97646.8%

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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 →