The Fair Share Report

104 Ceylon 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

≈ $485,788

Likely range $377,024 – $876,087, 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 $485,788 home should be assessed near $257,225.

Step 3 · Assessed value

$323,600

Set at the last town-wide revaluation and mostly frozen since. That's $66,375 above what the ratio math suggests (25.8%).

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

$8,381/yr
Public schools$3,925
Ocean County$1,883
Town of Berkeley$2,573
Berkeley average$5,442

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

Town median 46.3%
This home · 66.6%

30%91%

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
71 RONALD AVE SOUTH2026-06$850,0001,76641.8%
69 MALLARD RD2025-12$470,0001,81457.1%
76 RONALD AVE SOUTH2025-10$905,0001,69445.8%
78 RONALD AVE SOUTH2026-04$845,0001,65643.6%
228 SANDLEWOOD DR2025-08$575,0001,62060.3%
260 TEAKWOOD DR2025-06$875,0001,89843.2%
217 NO BAY DR2025-12$635,0001,91057.2%
13 CANARIES CT2025-08$490,0001,76234.4%
221 RIVERSIDE DR2025-12$400,0001,79854.0%
305 NEPTUNE AVE2026-03$505,0001,84046.5%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
152 BIABOU DR2025-07$299,9001,85252.0%

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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 →