The Fair Share Report

11 Hawk Ave

Berkeley, NJ 08721

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

≈ $411,469

Likely range $358,380 – $427,059, from 12 comparable Berkeley sales in the past 18 months, at this home's 990 sq ft.

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 $411,469 home should be assessed near $217,873.

Step 3 · Assessed value

$149,500

Set at the last town-wide revaluation and mostly frozen since. That's $68,373 below what the ratio math suggests (31.4%).

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

$3,872/yr
Public schools$1,813
Ocean County$870
Town of Berkeley$1,189
Berkeley average$5,442

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

Town median 46.3%
This home · 36.3%

30%68%

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
614 BAY BLVD2025-11$520,0001,08131.7%
174 BRENNAN CONCOURSE2025-04$350,0001,02447.3%
597 ROUTE 92025-07$300,00078381.3%
145 OCEAN GATE DR2025-04$440,0001,02036.0%
155 OCEAN GATE DR2025-05$401,00096039.5%
97 PHEASANT DR2025-12$399,00096045.9%
28 CHAIN BLVD2025-07$362,0001,00058.0%
50 PARK AVE2025-10$427,00096046.8%
15 BUCKLEY LN2026-06$370,00085846.3%
206 CORNELIUS ST2026-05$410,0001,02951.4%
17 GLENWOOD DR2025-06$449,9001,05248.6%
77 BRAKENBURY DR2026-01$226,00097191.8%

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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 →