The Fair Share Report

202 Beach Dr

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

≈ $621,093

Likely range $498,510 – $787,669, 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 $621,093 home should be assessed near $328,869.

Step 3 · Assessed value

$540,700

Set at the last town-wide revaluation and mostly frozen since. That's $211,831 above what the ratio math suggests (64.4%).

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 $2.544 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,754/yr
Public schools$6,442
Ocean County$3,091
Town of Berkeley$4,222
Berkeley average$5,442

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

Town median 46.3%
This home · 87.1%

30%114%

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 $5,486/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
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%
15 BRENTWOOD DR2025-12$710,0002,22144.6%
295 ALLEN RD2025-10$885,0002,31060.2%
31 DOLPHIN CIRCLE WEST2026-06$410,0002,34568.0%
26 SWINDON CT2025-05$478,0002,19845.7%
202 BAY CT2025-09$812,5002,11456.2%
114 DRIFTWOOD DR2026-04$405,0002,03453.4%
22 DOLPHIN CIRCLE WEST2026-03$580,0001,81743.9%
535 EASTERN BLVD2025-12$580,0001,97646.8%

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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 →