The Fair Share Report

11 Berkeley Sq

Brielle, NJ 08730

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

≈ $1,047,605

Likely range $786,323 – $1,181,918, from 12 comparable Brielle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.78%

The state's official measure of how far Brielle assessments sit below market value — republished every October, applied town-wide. A $1,047,605 home should be assessed near $1,013,872.

Step 3 · Assessed value

$674,900

Set at the last town-wide revaluation and mostly frozen since. That's $338,972 below what the ratio math suggests (33.4%).

Step 4 · The tax rate — same for every Brielle home

$1.202 per $100 assessed

$0.567 Schools · 47% $0.207 County · 17% $0.428 Town · 36%

This home's own bill implies $1.154 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,786/yr
Public schools$3,673
Monmouth County$1,341
Town of Brielle$2,772
Brielle average$14,900

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

Town median 95.3%
This home · 64.4%

52%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Brielle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
542 WOODLAND AVENUE2026-01$1,050,0001,75488.2%
6 BERKELEY SQUARE2025-02$515,0001,566123.8%
710 SCHOOLHOUSE ROAD2025-01$925,0001,802102.4%
31 MULBERRY COURT UNIT C2026-06$700,0001,66593.7%
907 RIVERVIEW DRIVE2025-03$1,050,0001,69676.3%
603 BRIELLE AVENUE2026-05$1,375,0001,77488.5%
120 ASHLEY AVENUE2026-01$1,300,0001,86989.4%
18 MOUNTAIN LAUREL LN #A2026-03$702,2501,56492.2%
2 HICKORY COURT UNIT A2025-06$775,0001,56494.0%
619 CEDARCREST DRIVE2025-06$1,200,0001,53790.4%
641 SUSAN LANE2025-03$1,400,0002,12088.7%
802 OAK ROAD2025-03$735,0001,53697.2%

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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 →