The Fair Share Report

105 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

≈ $845,209

Likely range $579,610 – $1,048,688, 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 $845,209 home should be assessed near $447,538.

Step 3 · Assessed value

$407,600

Set at the last town-wide revaluation and mostly frozen since. That's $39,938 below what the ratio math suggests (8.9%).

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

$10,557/yr
Public schools$4,944
Ocean County$2,372
Town of Berkeley$3,240
Berkeley average$5,442

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

Town median 46.3%
This home · 48.2%

30%76%

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
206 ROANOKE AVE2026-02$995,0002,31942.3%
1533 BAY VIEW AVE2025-11$1,365,0002,43642.4%
240 FERNWOOD DR2025-09$1,049,0002,42050.3%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
419 SECOND AVE2026-06$600,0002,37441.1%
414 THIRD AVE2026-06$620,0002,41440.2%
51 AMHERST DR2025-08$950,0002,40056.2%
403 FIRST AVE2026-06$625,0002,36441.3%
7 ALBATROSS PT2026-03$820,0002,27747.9%
100 TWENTIETH AVE2025-04$982,5001,94552.2%
96 BRIDLE PATH2025-09$700,0002,27649.9%
234 SECOND AVE2025-12$589,0002,04948.4%

Is this your house?

Run your own report →

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 →