The Fair Share Report

271 Evergreen Dr

Berkeley, NJ 07033

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

≈ $580,371

Likely range $396,512 – $874,703, 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 $580,371 home should be assessed near $307,306.

Step 3 · Assessed value

$531,200

Set at the last town-wide revaluation and mostly frozen since. That's $223,894 above what the ratio math suggests (72.9%).

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

$13,758/yr
Public schools$6,443
Ocean County$3,092
Town of Berkeley$4,223
Berkeley average$5,442

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

Town median 46.3%
This home · 91.5%

30%139%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
236 CEDAR DR2025-02$824,9001,84046.9%
1071 BAYVIEW AVE2025-06$1,100,0001,84453.8%
100 TWENTIETH AVE2025-04$982,5001,94552.2%
19 BERKELEY CROSSING WAY2026-03$385,0001,81257.4%
174 FIFTH AVE2025-05$549,0001,75041.0%
40 MILL CREEK COURT2024-12$399,9991,91252.3%
10 MILL CREEK COURT2025-09$420,0001,91255.2%
211 PINE DR2026-03$827,0001,76046.7%
4 BRANCHWOOD PL2026-05$640,0001,89051.8%
11 OAKENGATES DR2025-06$419,9001,82648.0%
22 DOLPHIN CIRCLE WEST2026-03$580,0001,81743.9%
535 EASTERN BLVD2025-12$580,0001,97646.8%

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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 →