The Fair Share Report

2 Fourth Ln

Berkeley, NJ 08850

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 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.

Step 3 · Assessed value

$301,000

Set at the last town-wide revaluation and mostly frozen since.

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

$8,495/yr
Public schools$3,979
Ocean County$1,909
Town of Berkeley$2,608
Berkeley average$5,442

The record, in full

Not enough closely-comparable recent sales in Berkeley for a fairness verdict — the town's current median assessment ratio is 46.3%.

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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 →