The Fair Share Report

306 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

≈ $342,471

Likely range $294,038 – $416,016, 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 $342,471 home should be assessed near $181,338.

Step 3 · Assessed value

$179,800

Set at the last town-wide revaluation and mostly frozen since. That's $1,538 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

$4,657/yr
Public schools$2,181
Ocean County$1,046
Town of Berkeley$1,429
Berkeley average$5,442

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

Town median 46.3%
This home · 52.5%

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
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
21 DRAKE DR2025-07$775,0001,35244.6%
22 INVERELL DR2026-04$298,0001,36441.7%
4 AUGUSTA CT2025-10$336,0001,36438.1%
41 INNSBRUCK DR2025-08$369,0001,36435.2%
149 ORLANDO BLVD2026-04$365,0001,36450.5%
12 VIRGIN ISLANDS DR2025-12$290,0001,36442.9%
144 ORLANDO BLVD2025-09$345,0001,36435.8%
46 AMHERST DR2026-02$625,0001,36256.8%
12 SAN JACINTO ST2025-11$338,5001,36437.8%

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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 →