The Fair Share Report

300 Ryan Ave

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

≈ $388,055

Likely range $296,856 – $821,998, 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 $388,055 home should be assessed near $205,475.

Step 3 · Assessed value

$212,900

Set at the last town-wide revaluation and mostly frozen since. That's $7,425 above what the ratio math suggests (3.6%).

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 $2.473 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,264/yr
Public schools$2,465
Ocean County$1,183
Town of Berkeley$1,616
Berkeley average$5,442

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

Town median 46.3%
This home · 54.9%

20%77%

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
151 HUNTLEY AVE2025-10$375,0001,59038.1%
96 OCEAN AVE2025-02$1,700,0001,60043.0%
78 RONALD AVE SOUTH2026-04$845,0001,65643.6%
60 WOODLAND RD2026-05$312,5001,58865.1%
70 MALLARD RD2025-01$380,0001,58869.5%
234 CEDAR DR2025-08$625,0001,51251.9%
54 KORMAN RD2025-04$415,0001,50351.9%
24 BIABOU DR2025-11$215,0001,55259.0%
228 SANDLEWOOD DR2025-08$575,0001,62060.3%
18 ANCHORAGE BLVD2026-06$270,0001,42274.0%
71 RONALD AVE SOUTH2026-06$850,0001,76641.8%
76 RONALD AVE SOUTH2025-10$905,0001,69445.8%

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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 →