The Fair Share Report

112 Roanoke Ave

Berkeley, NJ 08751

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

≈ $604,960

Likely range $470,576 – $943,946, 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 $604,960 home should be assessed near $320,326.

Step 3 · Assessed value

$441,500

Set at the last town-wide revaluation and mostly frozen since. That's $121,174 above what the ratio math suggests (37.8%).

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

$11,435/yr
Public schools$5,355
Ocean County$2,570
Town of Berkeley$3,510
Berkeley average$5,442

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

Town median 46.3%
This home · 73.0%

30%99%

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
40 MORRIS BLVD2025-12$585,0002,37452.0%
65 NORTH ISLAND RD2025-11$830,0002,28551.4%
9 COVE RD W2025-06$699,9002,37653.1%
8 GLENWOOD DR2025-03$455,0002,24365.5%
59 TOP SAIL CT2026-03$965,0002,38850.8%
142 PORT ROYAL DR2025-01$360,0002,33043.9%
254 BUTLER BLVD2025-08$625,0001,96858.4%
71 TOP SAIL CT2025-08$856,0002,28555.2%
267 CYPRESS DR2025-08$1,151,5002,41848.4%
163 SYLVAN LAKE BLVD2025-01$485,0002,53251.6%
52 CRANMER RD2025-07$525,0002,59255.3%
129 GUADELOUPE DR2025-09$409,8212,14656.6%

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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 →