The Fair Share Report

126 Twenty First Ane

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

≈ $286,114

Likely range $250,909 – $329,559, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,288 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 $286,114 home should be assessed near $151,497.

Step 3 · Assessed value

$445,800

Set at the last town-wide revaluation and mostly frozen since. That's $294,303 above what the ratio math suggests (194.3%).

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

$11,546/yr
Public schools$5,408
Ocean County$2,595
Town of Berkeley$3,544
Berkeley average$5,442

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

Town median 46.3%
This home · 155.8%

30%183%

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 $7,622/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
103 SANDPIPER LN2025-04$327,0001,27856.3%
119 SANDPIPER LN2025-04$310,0001,27845.7%
73 GUADALAJARA DR2025-08$315,0001,23239.2%
73 GUADALAJARA DR2025-05$240,0001,23251.4%
326 JAMAICA BLVD2025-02$379,0001,35637.6%
138 SPOONBILL HOLLOW2025-05$290,0001,22066.2%
46 LA DUNETTE DR2025-10$270,0001,32845.4%
6 MANITOBA CT2025-10$295,0001,32841.6%
4 HAITI CT2025-09$295,0001,32842.6%
4 ELMSWELL CT2025-03$428,0001,32837.1%
8 CHESTERFIELD CT2026-04$238,0001,32866.2%
56 WOODSTOCK DR2025-01$250,0001,32880.7%

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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 →