The Fair Share Report

244 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

≈ $574,747

Likely range $513,411 – $743,663, 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 $574,747 home should be assessed near $304,329.

Step 3 · Assessed value

$627,900

Set at the last town-wide revaluation and mostly frozen since. That's $323,571 above what the ratio math suggests (106.3%).

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 $2.550 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,013/yr
Public schools$7,499
Ocean County$3,598
Town of Berkeley$4,915
Berkeley average$5,442

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

Town median 46.3%
This home · 109.2%

30%128%

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 $8,381/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
12 CARLYLE DR2025-07$700,0001,97079.0%
68 MALLARD RD2025-03$405,0002,05058.8%
417 MAIN ST2025-07$490,0001,88143.9%
217 NO BAY DR2025-12$635,0001,91057.2%
61 CHARLOTTEVILLE DR S2025-10$504,9001,95644.7%
3 DRAKE DR2025-09$670,0001,88459.9%
767 JAMAICA BLVD2026-06$540,0001,89630.3%
259 CYPRESS DR2025-08$900,0002,04251.1%
38 BELMONT AVE2025-12$495,0001,73651.8%
265 CYPRESS DR2025-11$1,055,0001,87351.3%
109 WEST ISLAND RD2025-06$710,0001,92057.0%
129 GUADELOUPE DR2025-09$409,8212,14656.6%

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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 →