The Fair Share Report

159 Manhattan Ave

Berkeley, NJ 08816

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

≈ $444,586

Likely range $361,156 – $537,454, 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 $444,586 home should be assessed near $235,408.

Step 3 · Assessed value

$243,400

Set at the last town-wide revaluation and mostly frozen since. That's $7,992 above what the ratio math suggests (3.4%).

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

$6,304/yr
Public schools$2,952
Ocean County$1,417
Town of Berkeley$1,935
Berkeley average$5,442

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

Town median 46.3%
This home · 54.7%

30%73%

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
15 DOLPHIN CIRCLE WEST2026-05$515,0001,64245.7%
17 CARDIGAN DR2025-04$367,5001,63952.9%
18 SKIMMER LANE2025-07$495,0001,72855.4%
30 CHUTNEY ST2025-12$470,0001,72435.7%
122 WESTPORT DR2025-10$425,0001,60336.9%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
154 PRINCE CHARLES DR2025-10$398,0001,61547.0%
91 WESTPORT DR2026-02$385,0001,72443.0%
51 TRENT DR2026-03$310,0001,63855.4%
12 BLUE HERON LANE2025-08$582,9001,56542.7%

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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 →