The Fair Share Report

30 Corrigan Ave

Berkeley, NJ 08741

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

≈ $439,902

Likely range $335,371 – $656,357, 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 $439,902 home should be assessed near $232,928.

Step 3 · Assessed value

$231,000

Set at the last town-wide revaluation and mostly frozen since. That's $1,928 below what the ratio math suggests (0.8%).

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%

Step 5 · The bill

$5,983/yr
Public schools$2,802
Ocean County$1,344
Town of Berkeley$1,836
Berkeley average$5,442

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

Town median 46.3%
This home · 52.5%

30%74%

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
87 RONALD AVE SOUTH2025-06$624,0001,28451.8%
117 MILL CREEK RD2025-09$420,0001,28247.9%
9 FREDERICK DR2025-12$335,0001,30066.3%
40 DOCKAGE RD2025-12$370,0001,26057.5%
39 SLOOP CREEK RD2026-05$465,0001,24454.1%
144 RED BANK AVE2025-09$285,0001,31670.8%
58 PARK AVE2026-06$415,0001,24847.1%
43 HARBORAGE AVE2025-09$340,5001,24257.6%
215 LAKEWOOD AVE2026-03$430,0001,22042.7%
1453 BARNEGAT AVE2026-04$925,0001,31443.2%
273 EVERGREEN DR2026-05$890,0001,26052.6%
31 CEDAR RUN RD2025-01$572,0001,21661.4%

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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 →