The Fair Share Report

213 Twenty Second 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

≈ $522,214

Likely range $483,328 – $653,001, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,823 sq ft.

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 $522,214 home should be assessed near $276,512.

Step 3 · Assessed value

$465,000

Set at the last town-wide revaluation and mostly frozen since. That's $188,488 above what the ratio math suggests (68.2%).

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

$12,044/yr
Public schools$5,640
Ocean County$2,706
Town of Berkeley$3,697
Berkeley average$5,442

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

Town median 46.3%
This home · 89.0%

30%102%

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 $4,882/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
18 SKIMMER LANE2025-07$495,0001,72855.4%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
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%
122 WESTPORT DR2025-10$425,0001,60336.9%
3 DRAKE DR2025-09$670,0001,88459.9%

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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 →