The Fair Share Report

218 Longview Dr

Berkeley, NJ 07606

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

≈ $331,257

Likely range $217,785 – $405,964, 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 $331,257 home should be assessed near $175,401.

Step 3 · Assessed value

$205,000

Set at the last town-wide revaluation and mostly frozen since. That's $29,599 above what the ratio math suggests (16.9%).

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

$5,310/yr
Public schools$2,487
Ocean County$1,193
Town of Berkeley$1,630
Berkeley average$5,442

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

Town median 46.3%
This home · 61.9%

30%100%

Paying about right

This home's ratio lands inside Berkeley's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
210 FERNWOOD DR2025-11$580,00096047.0%
50 PARK AVE2025-10$427,00096046.8%
206 CORNELIUS ST2026-05$410,0001,02951.4%
28 STANFORD CT EAST2025-10$324,90097132.1%
1046 EDGEBROOK DR EAST2026-03$215,0001,03146.3%
1042 EDGEBROOK DR EAST2025-03$245,0001,03142.1%
519 BAY BLVD2025-09$371,0001,05045.9%
1 CAMBRIDGE CT2026-03$305,00094432.8%
15 BRIAN CT2025-04$227,5001,03163.6%
15 HARBORAGE AVE2025-09$390,0001,00035.9%
9 HAMILTON CT2026-04$225,00097145.7%
4 CHANCELLOR CT2025-11$249,00097136.6%

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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 →