The Fair Share Report

14 Eagle 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

≈ $609,681

Likely range $516,807 – $697,420, 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 $609,681 home should be assessed near $322,826.

Step 3 · Assessed value

$298,800

Set at the last town-wide revaluation and mostly frozen since. That's $24,026 below what the ratio math suggests (7.4%).

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

$7,739/yr
Public schools$3,624
Ocean County$1,739
Town of Berkeley$2,375
Berkeley average$5,442

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

Town median 46.3%
This home · 49.0%

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
4 CONOR CT2026-03$670,0002,16647.1%
256 ELIZABETH AVE2025-09$759,9002,19049.3%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
25 LAWRENCE AVE2025-04$560,0001,90451.0%
96 BEACH DR2025-10$810,0002,09743.8%
1071 BAYVIEW AVE2025-06$1,100,0001,84453.8%
365 HOPEDALE DR SE2026-04$740,0002,22344.8%
4 BLYTH CT2025-06$445,0001,928103.5%

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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 →