The Fair Share Report

106 Anchor Dr

Berkeley, NJ 07059

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

≈ $286,298

Likely range $252,656 – $303,922, 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 $286,298 home should be assessed near $151,595.

Step 3 · Assessed value

$345,200

Set at the last town-wide revaluation and mostly frozen since. That's $193,605 above what the ratio math suggests (127.7%).

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

$8,941/yr
Public schools$4,187
Ocean County$2,009
Town of Berkeley$2,744
Berkeley average$5,442

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

Town median 46.3%
This home · 120.6%

30%142%

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 $5,014/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
1 JOY PL2025-05$334,0001,10055.0%
103 EDINBURGH CT2025-06$279,0001,10541.1%
1086 EDGEBROOK DR SOUTH2026-03$310,0001,08332.3%
34 CAMBRIDGE CT2025-12$284,9001,08337.1%
6 STANFORD DR2026-02$220,0001,09148.5%
31 SOUTHAMPTON RD2026-02$255,0001,07939.3%
14 SUTHERLAND CT2025-01$300,0001,08852.3%
29 SHERWOOD LN2026-02$248,0001,08340.5%
1111 WATERBERRY CT SOUTH2026-02$299,0001,08335.9%
1 YORK CT2025-12$270,0001,08337.7%
1074 EDGEBROOK DR SOUTH2026-04$255,0001,07439.3%
14 ST PIERRI CT2026-03$295,0001,09234.9%

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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 →