The Fair Share Report

31 Doyle Dr

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

≈ $316,813

Likely range $260,438 – $420,860, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,220 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 $316,813 home should be assessed near $167,752.

Step 3 · Assessed value

$370,000

Set at the last town-wide revaluation and mostly frozen since. That's $202,248 above what the ratio math suggests (120.6%).

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%

Step 5 · The bill

$9,583/yr
Public schools$4,488
Ocean County$2,153
Town of Berkeley$2,942
Berkeley average$5,442

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

Town median 46.3%
This home · 116.8%

30%148%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $5,238/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
12 BAY BLVD2025-06$425,0001,23249.7%
26 VEEDER LN2025-03$432,0001,21847.7%
6 MARIGOT CT2026-05$350,0001,15435.3%
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
25 GRENADA ST2025-07$325,0001,16434.8%
219 BAY BLVD2025-08$380,0001,15046.0%
78 FT DE FRANCE AVE2025-06$235,0001,23276.2%
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
215 LAKEWOOD AVE2026-03$430,0001,22042.7%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%

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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 →