The Fair Share Report

11 Symphony 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

≈ $399,543

Likely range $358,611 – $437,314, 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 $399,543 home should be assessed near $211,558.

Step 3 · Assessed value

$207,900

Set at the last town-wide revaluation and mostly frozen since. That's $3,658 below what the ratio math suggests (1.7%).

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

$5,385/yr
Public schools$2,522
Ocean County$1,210
Town of Berkeley$1,653
Berkeley average$5,442

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

Town median 46.3%
This home · 52.0%

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
88 PORTSMOUTH DR2025-01$365,0001,54550.9%
143 SYLVAN LAKE BLVD2025-10$392,0001,55748.1%
20 SHERIDAN RD2025-04$370,0001,59543.6%
122 WESTPORT DR2025-10$425,0001,60336.9%
60 CANTERBURY LN2025-08$385,0001,50948.4%
93 SANDPIPER DR2025-03$450,0001,51643.8%
1 CARDIGAN DR2025-07$445,0001,61542.0%
156 PRINCE CHARLES DR2025-11$372,1001,61549.9%
32 LAMBERT WAY2025-02$345,0001,61553.9%
69 PORTSMOUTH DR2026-02$424,0001,54543.1%
185 PRINCE CHARLES DR2026-03$419,9001,50945.0%
20 ABERGELE DR2025-07$438,0001,50942.6%

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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 →