The Fair Share Report

30 Layton 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

≈ $500,159

Likely range $489,307 – $609,756, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,920 sq ft.

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 $500,159 home should be assessed near $264,834.

Step 3 · Assessed value

$275,100

Set at the last town-wide revaluation and mostly frozen since. That's $10,266 above what the ratio math suggests (3.9%).

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

$7,125/yr
Public schools$3,337
Ocean County$1,601
Town of Berkeley$2,187
Berkeley average$5,442

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

Town median 46.3%
This home · 55.0%

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
254 BUTLER BLVD2025-08$625,0001,96858.4%
217 NO BAY DR2025-12$635,0001,91057.2%
152 CLIFFORD B WRIGHT ST2025-09$460,0001,80553.5%
318 BAY BLVD2025-05$493,5001,74647.2%
69 MALLARD RD2025-12$470,0001,81457.1%
68 MALLARD RD2025-03$405,0002,05058.8%
417 MAIN ST2025-07$490,0001,88143.9%
12 CARLYLE DR2025-07$700,0001,97079.0%
305 NEPTUNE AVE2026-03$505,0001,84046.5%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
119 BOLINGBROKE CT2025-07$390,0001,82473.3%
310 ATLANTIC CITY AVE2025-07$495,0001,75046.9%

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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 →