The Fair Share Report

2108 Central Ave 9

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

≈ $335,272

Likely range $258,723 – $458,458, 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 $335,272 home should be assessed near $177,527.

Step 3 · Assessed value

$275,900

Set at the last town-wide revaluation and mostly frozen since. That's $98,373 above what the ratio math suggests (55.4%).

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%

Step 5 · The bill

$7,146/yr
Public schools$3,347
Ocean County$1,606
Town of Berkeley$2,193
Berkeley average$5,442

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

Town median 46.3%
This home · 82.3%

30%112%

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
2108 CENTRAL AVE 102025-08$649,0001,22542.9%
38 WOODSTOCK DR2026-01$273,0001,23256.1%
1 DAWN WAY2026-01$240,0001,23262.4%
32 PARADISE BLVD2025-08$330,0001,23240.1%
34 CHESTERFIELD LN2025-03$323,0001,23247.2%
364 HOOVER AVE2025-02$350,0001,17553.4%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
28 BAHAMIA DR2025-09$400,0001,23230.9%
103 TWENTY-THIRD AVE #112026-04$827,0001,15648.3%
16 PIERMONT RD2026-05$293,0001,15395.3%
162 CASTLETON DR2026-03$258,6221,15376.3%
237 VIRGINIA AVE2026-06$465,0001,27648.1%

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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 →