The Fair Share Report

243 Longview 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

≈ $338,754

Likely range $299,302 – $401,479, 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 $338,754 home should be assessed near $179,370.

Step 3 · Assessed value

$581,000

Set at the last town-wide revaluation and mostly frozen since. That's $401,630 above what the ratio math suggests (223.9%).

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

$15,048/yr
Public schools$7,048
Ocean County$3,381
Town of Berkeley$4,619
Berkeley average$5,442

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

Town median 46.3%
This home · 171.5%

30%200%

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 $10,402/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
94 HYANNIS ST2025-02$220,0001,32881.6%
24 SELKIRK AVE2025-09$340,0001,36437.1%
80 ETON RD2025-06$380,0001,31849.4%
9 CHARLOTTEVILLE DR S2026-05$327,0001,35639.4%
14 PICASSO CT2026-06$375,0001,36437.4%
145 PORT ROYAL DR2025-04$335,0001,44041.0%
23 AUGUSTA CT2025-04$306,5001,36441.4%
6 GRAMERCY CT2025-03$365,0001,36442.6%
5 RODHOS ST2026-03$425,0001,44049.1%

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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 →