The Fair Share Report

20 Centerboard Dr

Berkeley, NJ 08641

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

≈ $531,677

Likely range $434,312 – $845,162, 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 $531,677 home should be assessed near $281,523.

Step 3 · Assessed value

$469,100

Set at the last town-wide revaluation and mostly frozen since. That's $187,577 above what the ratio math suggests (66.6%).

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

$12,150/yr
Public schools$5,690
Ocean County$2,730
Town of Berkeley$3,729
Berkeley average$5,442

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

Town median 46.3%
This home · 88.2%

30%113%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
329 BAYVIEW AVE2025-01$980,0001,89854.1%
114 DRIFTWOOD DR2026-04$405,0002,03453.4%
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%
6 TRAVELER WAY2025-10$820,0001,95551.8%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
26 SWINDON CT2025-05$478,0002,19845.7%
3 STARFISH CT2026-06$425,0001,90450.0%
104 BUTLER AVE2025-09$414,0001,88850.3%
124 AMHERST DR2025-06$840,0001,84042.9%

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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 →