The Fair Share Report

210 Beach Dr

Berkeley, NJ 08884

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

≈ $469,643

Likely range $400,479 – $609,140, 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 $469,643 home should be assessed near $248,676.

Step 3 · Assessed value

$495,000

Set at the last town-wide revaluation and mostly frozen since. That's $246,324 above what the ratio math suggests (99.1%).

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

$12,821/yr
Public schools$6,004
Ocean County$2,881
Town of Berkeley$3,935
Berkeley average$5,442

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

Town median 46.3%
This home · 105.4%

30%129%

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 $6,380/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
22 DOLPHIN CIRCLE WEST2026-03$580,0001,81743.9%
24 CHUTNEY ST2026-06$420,0001,82942.2%
124 AMHERST DR2025-06$840,0001,84042.9%
18 SKIMMER LANE2025-07$495,0001,72855.4%
92 BUTLER AVE2025-06$447,0001,83247.8%
30 CHUTNEY ST2025-12$470,0001,72435.7%
329 BAYVIEW AVE2025-01$980,0001,89854.1%
58 WINTERTON DR2025-05$475,0001,86236.4%
91 WESTPORT DR2026-02$385,0001,72443.0%
16 LENA CT2025-07$505,0001,76148.3%
104 BUTLER AVE2025-09$414,0001,88850.3%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%

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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 →