1109 Berkeley Ave

Step 1 · Market value

Likely range $703,661 – $1,241,643, from 12 comparable Ocean sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

The state's official measure of how far Ocean assessments sit below market value — republished every October, applied town-wide. A $942,681 home should be assessed near $888,477.

Step 3 · Assessed value

Set at the last town-wide revaluation and mostly frozen since. That's $3,677 below what the ratio math suggests (0.4%).

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

$0.801 Schools · 61% $0.224 County · 17% $0.295 Town · 22%

This home's own bill implies $1.192 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

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

66%131%

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