The Fair Share Report
217 Beach Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $310,326 – $355,119, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $320,339 home should be assessed near $169,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $216,280 above what the ratio math suggests (127.5%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%130%
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 $5,602/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 SANDPIPER LN | 2025-04 | $327,000 | 1,278 | 56.3% |
| 110 SANDPIPER LN | 2025-07 | $340,000 | 1,418 | 58.1% |
| 119 SANDPIPER LN | 2025-04 | $310,000 | 1,278 | 45.7% |
| 72 NARBERTH WAY | 2026-02 | $380,000 | 1,356 | 236.6% |
| 72 NARBERTH WAY | 2025-04 | $355,000 | 1,356 | 253.2% |
| 117 SANDPIPER LN | 2026-01 | $290,000 | 1,448 | 70.6% |
| 8 MERRILEE LN | 2026-04 | $310,000 | 1,328 | 51.1% |
| 25 CANTERBURY LN | 2025-03 | $310,000 | 1,328 | 74.2% |
| 77 CHESTERFIELD LN | 2025-11 | $307,000 | 1,364 | 49.8% |
| 138 SPOONBILL HOLLOW | 2025-05 | $290,000 | 1,220 | 66.2% |
| 33 BLUE HERON LANE | 2026-05 | $483,500 | 1,495 | 50.8% |
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
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