The Fair Share Report

20 Doyle Dr

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

≈ $523,658

Likely range $457,379 – $586,329, 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 $523,658 home should be assessed near $277,277.

Step 3 · Assessed value

$312,000

Set at the last town-wide revaluation and mostly frozen since. That's $34,723 above what the ratio math suggests (12.5%).

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

$8,081/yr
Public schools$3,785
Ocean County$1,816
Town of Berkeley$2,480
Berkeley average$5,442

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

Town median 46.3%
This home · 59.6%

30%74%

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
174 FIFTH AVE2025-05$549,0001,75041.0%
18 SKIMMER LANE2025-07$495,0001,72855.4%
50 YARDARM CT2025-09$750,0001,88252.6%
371 VETERANS BLVD2025-06$585,0001,82842.5%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
409 BIRCH ST2025-05$482,5001,80056.3%
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%
11 OAKENGATES DR2025-06$419,9001,82648.0%
73 TIMBERLINE RD2025-11$550,0001,76850.0%

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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 →