The Fair Share Report

216 Maple Dr

Berkeley, NJ 08721

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

≈ $630,285

Likely range $415,905 – $835,435, 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 $630,285 home should be assessed near $333,736.

Step 3 · Assessed value

$508,500

Set at the last town-wide revaluation and mostly frozen since. That's $174,764 above what the ratio math suggests (52.4%).

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

$13,170/yr
Public schools$6,168
Ocean County$2,959
Town of Berkeley$4,043
Berkeley average$5,442

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

Town median 46.3%
This home · 80.7%

30%128%

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 $4,526/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
65 NORTH ISLAND RD2025-11$830,0002,28551.4%
129 GUADELOUPE DR2025-09$409,8212,14656.6%
68 MALLARD RD2025-03$405,0002,05058.8%
8 GLENWOOD DR2025-03$455,0002,24365.5%
40 MORRIS BLVD2025-12$585,0002,37452.0%
142 PORT ROYAL DR2025-01$360,0002,33043.9%
9 COVE RD W2025-06$699,9002,37653.1%
71 TOP SAIL CT2025-08$856,0002,28555.2%
61 CHARLOTTEVILLE DR S2025-10$504,9001,95644.7%
254 BUTLER BLVD2025-08$625,0001,96858.4%
217 NO BAY DR2025-12$635,0001,91057.2%
71 RONALD AVE SOUTH2026-06$850,0001,76641.8%

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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 →