The Fair Share Report

207 Anchor Dr

Berkeley, NJ 07059

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

≈ $274,491

Likely range $247,701 – $399,507, 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 $274,491 home should be assessed near $145,343.

Step 3 · Assessed value

$370,000

Set at the last town-wide revaluation and mostly frozen since. That's $224,657 above what the ratio math suggests (154.6%).

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

$9,583/yr
Public schools$4,488
Ocean County$2,153
Town of Berkeley$2,942
Berkeley average$5,442

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

Town median 46.3%
This home · 134.8%

30%155%

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 $5,819/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
363 ROBERTS AVE2026-05$995,0001,26050.1%
12 BAY BLVD2025-06$425,0001,23249.7%
273 EVERGREEN DR2026-05$890,0001,26052.6%
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
145 SHERMAN AVE2025-08$200,0001,16077.0%
145 SHERMAN AVE2025-04$165,0001,16093.4%
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
2 VAN GOGH ST2025-11$263,0001,23244.0%
1 JOY PL2025-05$334,0001,10055.0%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%

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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 →