The Fair Share Report

22 Marlin 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

≈ $427,022

Likely range $391,437 – $500,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,642 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 $427,022 home should be assessed near $226,108.

Step 3 · Assessed value

$245,000

Set at the last town-wide revaluation and mostly frozen since. That's $18,892 above what the ratio math suggests (8.4%).

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

$6,346/yr
Public schools$2,972
Ocean County$1,426
Town of Berkeley$1,948
Berkeley average$5,442

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

Town median 46.3%
This home · 57.4%

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
18 LENA CT2025-03$500,0001,64253.3%
78 DOLPHIN CIRCLE EAST2025-08$475,0001,64250.2%
64 DOLPHIN CIRCLE EAST2025-03$489,9001,64248.0%
292 JAMAICA BLVD2025-04$400,0001,66041.1%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
4 CANCUN ST2025-12$345,0001,61545.9%
10 BOLTON CT2026-04$385,0001,61548.3%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
4 SYMPHONY AVE2026-06$410,0001,68751.6%
18 SKIMMER LANE2025-07$495,0001,72855.4%
52 CANTERBURY LN2026-02$400,0001,61547.1%

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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 →