The Fair Share Report

219 Twenty Second Ave

Berkeley, NJ 07417

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

≈ $384,300

Likely range $280,800 – $535,123, from 12 comparable Berkeley sales in the past 18 months, at this home's 864 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 $384,300 home should be assessed near $203,487.

Step 3 · Assessed value

$415,400

Set at the last town-wide revaluation and mostly frozen since. That's $211,913 above what the ratio math suggests (104.1%).

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

$10,759/yr
Public schools$5,039
Ocean County$2,418
Town of Berkeley$3,302
Berkeley average$5,442

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

Town median 46.3%
This home · 108.1%

30%153%

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 $5,489/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
55 SECOND AVE2025-05$275,00086437.0%
12 LAWRENCE AVE2025-06$335,00082257.5%
74 SECOND AVE2026-05$260,00080040.9%
231 BUTLER BLVD2025-12$480,00077560.1%
1023 EDGEBROOK DR EAST2025-12$140,00092674.6%
22 TWENTY-FIRST AVE2026-06$1,300,00082740.8%
1481 BARNEGAT AVE2026-01$675,00087651.0%
50 PARK AVE2025-10$427,00096046.8%
213 FERNWOOD DR2025-08$520,00076254.6%
33 ANCHORAGE BLVD2025-12$368,50076051.9%
27 ANCHORAGE BLVD2025-09$345,00076046.4%
210 FERNWOOD DR2025-11$580,00096047.0%

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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 →