The Fair Share Report

2000 Barnegat Ave

Berkeley, NJ 08752

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

≈ $316,564

Likely range $269,084 – $367,736, 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 $316,564 home should be assessed near $167,621.

Step 3 · Assessed value

$404,500

Set at the last town-wide revaluation and mostly frozen since. That's $236,879 above what the ratio math suggests (141.3%).

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

$10,477/yr
Public schools$4,907
Ocean County$2,354
Town of Berkeley$3,216
Berkeley average$5,442

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

Town median 46.3%
This home · 127.8%

30%156%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $6,135/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
19 TEMPLETON ST2025-01$287,0001,16139.9%
99 PRINCE CHARLES DR2025-06$390,0001,16139.4%
77 ORLANDO BLVD2026-06$260,0001,16142.3%
14 DORAL DR2026-01$309,9001,12438.4%
139 PARADISE BLVD2025-06$360,0001,16131.0%
25 REDHOOK BAY DR2025-02$315,0001,16136.9%
103 TWENTY-THIRD AVE #112026-04$827,0001,15648.3%
287 COSTA MESA DR2025-01$317,5001,16135.6%
34 SAN CARLOS ST2025-10$304,9001,12439.7%
28 PRINCE CHARLES DR2025-12$250,0001,16157.2%
21 DORAL DR2025-11$379,9001,23244.7%
2 BASSET DR2025-05$270,0001,14042.0%

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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 →