The Fair Share Report

211 Midway Ave

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

≈ $508,177

Likely range $413,031 – $653,213, 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 $508,177 home should be assessed near $269,080.

Step 3 · Assessed value

$458,700

Set at the last town-wide revaluation and mostly frozen since. That's $189,620 above what the ratio math suggests (70.5%).

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

$11,880/yr
Public schools$5,564
Ocean County$2,670
Town of Berkeley$3,647
Berkeley average$5,442

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

Town median 46.3%
This home · 90.3%

30%117%

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 $4,911/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
210 MIDWAY AVE2026-04$1,200,0001,74036.0%
13 CANARIES CT2025-08$490,0001,76234.4%
3 DRAKE DR2025-09$670,0001,88459.9%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
85 SAN CARLOS ST2025-04$235,0001,77661.3%
69 MALLARD RD2025-12$470,0001,81457.1%
7 BEDFORD CT2026-04$305,0001,64842.8%
18 SKIMMER LANE2025-07$495,0001,72855.4%
12 CARLYLE DR2025-07$700,0001,97079.0%
OCEAN & 22ND AVE2025-04$807,5001,50455.1%
12 NELSON CT2026-01$420,0001,58044.4%

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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 →