The Fair Share Report

204 Surf 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

≈ $544,970

Likely range $404,717 – $791,096, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,716 sq ft.

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 $544,970 home should be assessed near $288,562.

Step 3 · Assessed value

$453,400

Set at the last town-wide revaluation and mostly frozen since. That's $164,838 above what the ratio math suggests (57.1%).

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

$11,743/yr
Public schools$5,500
Ocean County$2,639
Town of Berkeley$3,605
Berkeley average$5,442

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

Town median 46.3%
This home · 83.2%

30%117%

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
96 OCEAN AVE2025-02$1,700,0001,60043.0%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
254 BUTLER BLVD2025-08$625,0001,96858.4%
210 MIDWAY AVE2026-04$1,200,0001,74036.0%
69 MALLARD RD2025-12$470,0001,81457.1%
60 WOODLAND RD2026-05$312,5001,58865.1%
70 MALLARD RD2025-01$380,0001,58869.5%
7 BEDFORD CT2026-04$305,0001,64842.8%
260 TEAKWOOD DR2025-06$875,0001,89843.2%
13 CANARIES CT2025-08$490,0001,76234.4%
217 NO BAY DR2025-12$635,0001,91057.2%
82 SCOTT CT2026-04$530,0001,60444.2%

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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 →