The Fair Share Report

22 Maison Way

Berkeley, NJ 08757

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

≈ $307,432

Likely range $266,405 – $337,786, 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 $307,432 home should be assessed near $162,785.

Step 3 · Assessed value

$134,300

Set at the last town-wide revaluation and mostly frozen since. That's $28,485 below what the ratio math suggests (17.5%).

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%

This home's own bill implies $2.218 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,978/yr
Public schools$1,395
Ocean County$669
Town of Berkeley$914
Berkeley average$5,442

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

Town median 46.3%
This home · 43.7%

30%68%

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
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
23 BURLINGTON CT2025-08$326,1311,36053.4%
10 LITTLETON RD2025-11$299,5001,4044.8%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
1 ALBONITO DR2025-12$250,0001,32850.0%
246 CABRILLO BLVD2025-10$345,0001,36435.6%
78 TROUMAKA ST2025-08$246,0001,32851.7%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
94 HYANNIS ST2025-02$220,0001,32881.6%
25 DAVENPORT RD W2025-12$350,0001,23234.2%

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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 →