The Fair Share Report

24 Doyle 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

≈ $586,469

Likely range $438,026 – $786,087, 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 $586,469 home should be assessed near $310,535.

Step 3 · Assessed value

$381,000

Set at the last town-wide revaluation and mostly frozen since. That's $70,465 above what the ratio math suggests (22.7%).

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

$9,868/yr
Public schools$4,622
Ocean County$2,217
Town of Berkeley$3,029
Berkeley average$5,442

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

Town median 46.3%
This home · 65.0%

30%92%

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
65 NORTH ISLAND RD2025-11$830,0002,28551.4%
8 GLENWOOD DR2025-03$455,0002,24365.5%
9 COVE RD W2025-06$699,9002,37653.1%
129 GUADELOUPE DR2025-09$409,8212,14656.6%
40 MORRIS BLVD2025-12$585,0002,37452.0%
68 MALLARD RD2025-03$405,0002,05058.8%
417 MAIN ST2025-07$490,0001,88143.9%
142 PORT ROYAL DR2025-01$360,0002,33043.9%
61 CHARLOTTEVILLE DR S2025-10$504,9001,95644.7%
217 NO BAY DR2025-12$635,0001,91057.2%
267 CYPRESS DR2025-08$1,151,5002,41848.4%
26 SWINDON CT2025-05$478,0002,19845.7%

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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 →