The Fair Share Report

213 Surf Dr

Berkeley, NJ 07730

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

≈ $458,620

Likely range $368,007 – $594,385, 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 $458,620 home should be assessed near $242,839.

Step 3 · Assessed value

$429,800

Set at the last town-wide revaluation and mostly frozen since. That's $186,961 above what the ratio math suggests (77.0%).

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

$11,132/yr
Public schools$5,213
Ocean County$2,501
Town of Berkeley$3,417
Berkeley average$5,442

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

Town median 46.3%
This home · 93.7%

30%122%

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 $4,842/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
122 WESTPORT DR2025-10$425,0001,60336.9%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
1 MAPLETON RD2025-07$510,0001,51426.1%
33 BLUE HERON LANE2026-05$483,5001,49550.8%
44 WESTPORT DR2025-09$365,0001,51435.5%
103 SHEEPSHEAD DR2025-03$434,9001,51431.7%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%

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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 →