The Fair Share Report

117 Anchor Dr

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

≈ $567,338

Likely range $375,399 – $832,365, 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 $567,338 home should be assessed near $300,405.

Step 3 · Assessed value

$487,400

Set at the last town-wide revaluation and mostly frozen since. That's $186,995 above what the ratio math suggests (62.2%).

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%

This home's own bill implies $2.487 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,124/yr
Public schools$5,678
Ocean County$2,724
Town of Berkeley$3,721
Berkeley average$5,442

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

Town median 46.3%
This home · 85.9%

30%135%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
69 MALLARD RD2025-12$470,0001,81457.1%
76 RONALD AVE SOUTH2025-10$905,0001,69445.8%
71 RONALD AVE SOUTH2026-06$850,0001,76641.8%
60 WOODLAND RD2026-05$312,5001,58865.1%
70 MALLARD RD2025-01$380,0001,58869.5%
7 BEDFORD CT2026-04$305,0001,64842.8%
228 SANDLEWOOD DR2025-08$575,0001,62060.3%
78 RONALD AVE SOUTH2026-04$845,0001,65643.6%
260 TEAKWOOD DR2025-06$875,0001,89843.2%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
13 CANARIES CT2025-08$490,0001,76234.4%
217 NO BAY DR2025-12$635,0001,91057.2%

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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 →