The Fair Share Report

235 Twenty Third Ave

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.

Step 1 · Market value

≈ $801,274

Likely range $663,028 – $1,033,215, 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 $801,274 home should be assessed near $424,275.

Step 3 · Assessed value

$580,300

Set at the last town-wide revaluation and mostly frozen since. That's $156,025 above what the ratio math suggests (36.8%).

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

$15,030/yr
Public schools$7,039
Ocean County$3,377
Town of Berkeley$4,613
Berkeley average$5,442

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

Town median 46.3%
This home · 72.4%

30%93%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
206 ROANOKE AVE2026-02$995,0002,31942.3%
7 ALBATROSS PT2026-03$820,0002,27747.9%
240 FERNWOOD DR2025-09$1,049,0002,42050.3%
28 DOLPHIN CIRCLE WEST2025-06$580,0002,08448.4%
51 AMHERST DR2025-08$950,0002,40056.2%
70 BRIDLE PATH2025-06$689,0002,20145.9%
1533 BAY VIEW AVE2025-11$1,365,0002,43642.4%
96 BRIDLE PATH2025-09$700,0002,27649.9%
100 TWENTIETH AVE2025-04$982,5001,94552.2%
234 SECOND AVE2025-12$589,0002,04948.4%
236 CEDAR DR2025-02$824,9001,84046.9%

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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 →