The Fair Share Report

11 Twentieth Ave

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

≈ $577,363

Likely range $451,685 – $885,577, 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 $577,363 home should be assessed near $305,714.

Step 3 · Assessed value

$687,600

Set at the last town-wide revaluation and mostly frozen since. That's $381,886 above what the ratio math suggests (124.9%).

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%

Step 5 · The bill

$17,809/yr
Public schools$8,341
Ocean County$4,002
Town of Berkeley$5,466
Berkeley average$5,442

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

Town median 46.3%
This home · 119.1%

30%158%

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 $9,891/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
69 MALLARD RD2025-12$470,0001,81457.1%
260 TEAKWOOD DR2025-06$875,0001,89843.2%
71 RONALD AVE SOUTH2026-06$850,0001,76641.8%
217 NO BAY DR2025-12$635,0001,91057.2%
254 BUTLER BLVD2025-08$625,0001,96858.4%
78 RONALD AVE SOUTH2026-04$845,0001,65643.6%
305 NEPTUNE AVE2026-03$505,0001,84046.5%
76 RONALD AVE SOUTH2025-10$905,0001,69445.8%
221 RIVERSIDE DR2025-12$400,0001,79854.0%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
152 BIABOU DR2025-07$299,9001,85252.0%
13 CANARIES CT2025-08$490,0001,76234.4%

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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 →