The Fair Share Report

27 Bittern Ln

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

≈ $313,889

Likely range $283,842 – $440,709, 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 $313,889 home should be assessed near $166,204.

Step 3 · Assessed value

$175,800

Set at the last town-wide revaluation and mostly frozen since. That's $9,596 above what the ratio math suggests (5.8%).

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%

This home's own bill implies $2.448 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,303/yr
Public schools$2,015
Ocean County$967
Town of Berkeley$1,321
Berkeley average$5,442

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

Town median 46.3%
This home · 56.0%

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
34 DOCKAGE RD2026-02$410,0001,10050.0%
23 MALLARD RD2025-04$360,0001,15261.2%
145 SHERMAN AVE2025-08$200,0001,16077.0%
145 SHERMAN AVE2025-04$165,0001,16093.4%
124 PATTON AVE2024-12$305,0001,09867.9%
119 SHERMAN AVE2025-01$435,0001,20039.2%
1 JOY PL2025-05$334,0001,10055.0%
613 BAY BLVD2025-05$321,0001,17654.4%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
7 OXFORD DR2025-11$295,0001,14084.4%
103 EDINBURGH CT2025-06$279,0001,10541.1%

Is this your house?

Run your own report →

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 →