The Fair Share Report

108 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

≈ $621,250

Likely range $449,561 – $1,012,250, 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 $621,250 home should be assessed near $328,952.

Step 3 · Assessed value

$601,900

Set at the last town-wide revaluation and mostly frozen since. That's $272,948 above what the ratio math suggests (83.0%).

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

$15,589/yr
Public schools$7,301
Ocean County$3,503
Town of Berkeley$4,785
Berkeley average$5,442

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

Town median 46.3%
This home · 96.9%

30%139%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
361 EASTERN BLVD2025-05$620,0002,57456.5%
38 SYMPHONY AVE2026-03$485,0002,53253.1%
31 DOLPHIN CIRCLE WEST2026-06$410,0002,34568.0%
102 SYLVAN LAKE BLVD2025-07$525,0002,54051.1%
51 AMHERST DR2025-08$950,0002,40056.2%
55 BUTLER AVE2025-03$475,0002,53254.0%
163 SYLVAN LAKE BLVD2025-01$485,0002,53251.6%
295 ALLEN RD2025-10$885,0002,31060.2%
17 JIBSAIL DR2025-10$939,0002,77856.4%
26 BOWSPRIT DR2025-12$1,090,0002,80654.4%
167 AMSTERDAM AVE2026-06$655,0002,62049.8%
27 BOWSPRIT DR2025-01$995,0002,82260.3%

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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 →