The Fair Share Report

201 Longview 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

≈ $546,528

Likely range $452,219 – $724,980, 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 $546,528 home should be assessed near $289,387.

Step 3 · Assessed value

$400,000

Set at the last town-wide revaluation and mostly frozen since. That's $110,613 above what the ratio math suggests (38.2%).

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%

This home's own bill implies $2.527 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,110/yr
Public schools$4,735
Ocean County$2,272
Town of Berkeley$3,103
Berkeley average$5,442

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

Town median 46.3%
This home · 73.2%

30%94%

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
254 BUTLER BLVD2025-08$625,0001,96858.4%
8 GLENWOOD DR2025-03$455,0002,24365.5%
40 MORRIS BLVD2025-12$585,0002,37452.0%
260 TEAKWOOD DR2025-06$875,0001,89843.2%
68 MALLARD RD2025-03$405,0002,05058.8%
129 GUADELOUPE DR2025-09$409,8212,14656.6%
305 NEPTUNE AVE2026-03$505,0001,84046.5%
99 STATION RD2025-03$2,942,0002,43823.7%
61 CHARLOTTEVILLE DR S2025-10$504,9001,95644.7%
65 NORTH ISLAND RD2025-11$830,0002,28551.4%
217 NO BAY DR2025-12$635,0001,91057.2%
221 RIVERSIDE DR2025-12$400,0001,79854.0%

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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 →