The Fair Share Report

204 Anchor Dr

Berkeley, NJ 07931

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

≈ $471,239

Likely range $378,205 – $603,943, 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 $471,239 home should be assessed near $249,521.

Step 3 · Assessed value

$434,500

Set at the last town-wide revaluation and mostly frozen since. That's $184,979 above what the ratio math suggests (74.1%).

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

$11,254/yr
Public schools$5,270
Ocean County$2,529
Town of Berkeley$3,454
Berkeley average$5,442

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

Town median 46.3%
This home · 92.2%

30%120%

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 $4,791/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
18 SKIMMER LANE2025-07$495,0001,72855.4%
122 WESTPORT DR2025-10$425,0001,60336.9%
33 BLUE HERON LANE2026-05$483,5001,49550.8%
211 PINE DR2026-03$827,0001,76046.7%
78 DOLPHIN CIRCLE EAST2025-08$475,0001,64250.2%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
64 DOLPHIN CIRCLE EAST2025-03$489,9001,64248.0%
18 LENA CT2025-03$500,0001,64253.3%
117 SANDPIPER LN2026-01$290,0001,44870.6%

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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 →