The Fair Share Report

26 First Ave

Berkeley, NJ 08757

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

≈ $287,102

Likely range $246,599 – $312,123, 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 $287,102 home should be assessed near $152,021.

Step 3 · Assessed value

$135,100

Set at the last town-wide revaluation and mostly frozen since. That's $16,921 below what the ratio math suggests (11.1%).

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

$3,499/yr
Public schools$1,639
Ocean County$786
Town of Berkeley$1,074
Berkeley average$5,442

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

Town median 46.3%
This home · 47.1%

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
103 TWENTY-THIRD AVE #112026-04$827,0001,15648.3%
138 SPOONBILL HOLLOW2025-05$290,0001,22066.2%
2 BASSET DR2025-05$270,0001,14042.0%
103 SANDPIPER LN2025-04$327,0001,27856.3%
102 HATFIELD CT2025-03$308,0001,14049.6%
15 COBORCA WAY2025-03$310,0001,23241.2%
18 MORONGO CT2025-06$255,0001,23265.5%
119 SANDPIPER LN2025-04$310,0001,27845.7%
5 ST ANDREWS CT2025-04$240,0001,23252.1%
26 SELKIRK AVE2025-04$370,0001,23249.5%
38 WOODSTOCK DR2026-01$273,0001,23256.1%
1 DAWN WAY2026-01$240,0001,23262.4%

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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 →