The Fair Share Report

12 Robin 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

≈ $500,257

Likely range $456,767 – $550,947, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,704 sq ft.

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 $500,257 home should be assessed near $264,886.

Step 3 · Assessed value

$248,700

Set at the last town-wide revaluation and mostly frozen since. That's $16,186 below what the ratio math suggests (6.1%).

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

$6,441/yr
Public schools$3,017
Ocean County$1,447
Town of Berkeley$1,977
Berkeley average$5,442

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

Town median 46.3%
This home · 49.7%

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
317 TRENTON AVE NORTH2025-09$480,0001,63549.4%
409 BIRCH ST2025-05$482,5001,80056.3%
281 BAYVILLE AVE2025-02$510,0001,75553.5%
13 CANARIES CT2025-08$490,0001,76234.4%
11 SOUTH POINT CT2025-07$380,0001,69235.6%
501 EASTERN BLVD2025-03$560,0001,73249.6%
255 CHELSEA AVE2025-03$475,0001,54048.2%
423 RIVERSIDE DR2025-12$490,0001,56044.2%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
210 CHELSEA AVE2025-06$515,0001,54846.4%
7 BEDFORD CT2026-04$305,0001,64842.8%
3 DRAKE DR2025-09$670,0001,88459.9%

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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 →