The Fair Share Report

107 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

≈ $338,194

Likely range $282,675 – $419,319, 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 $338,194 home should be assessed near $179,074.

Step 3 · Assessed value

$460,000

Set at the last town-wide revaluation and mostly frozen since. That's $280,926 above what the ratio math suggests (156.9%).

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%

This home's own bill implies $2.536 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,664/yr
Public schools$5,463
Ocean County$2,621
Town of Berkeley$3,580
Berkeley average$5,442

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

Town median 46.3%
This home · 136.0%

30%168%

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 $7,276/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
87 RONALD AVE SOUTH2025-06$624,0001,28451.8%
49 ETON RD2026-05$315,2001,31838.0%
162 HARRINGTON DR NORTH2026-02$295,0001,32840.9%
41 ETON RD2025-07$343,5001,33835.2%
77 WESTBROOK DR2025-08$405,0001,31845.6%
111 LANGLEY CT2025-07$409,0001,31831.8%
143 WESTBROOK DR2025-06$290,0001,31839.9%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
4 ROMAN ST2025-03$385,0001,32844.6%
60 CARLISLE RD2025-04$340,0001,31836.1%
12 BAY BLVD2025-06$425,0001,23249.7%

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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 →