The Fair Share Report

32 Avalon 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

≈ $577,467

Likely range $532,455 – $675,808, from 12 comparable Berkeley sales in the past 18 months, at this home's 2,052 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 $577,467 home should be assessed near $305,769.

Step 3 · Assessed value

$550,500

Set at the last town-wide revaluation and mostly frozen since. That's $244,731 above what the ratio math suggests (80.0%).

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

$14,258/yr
Public schools$6,678
Ocean County$3,204
Town of Berkeley$4,376
Berkeley average$5,442

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

Town median 46.3%
This home · 95.3%

30%109%

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 $6,339/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
12 BRENTWOOD DR2025-02$580,0002,06150.2%
220 EDWARD AVE2026-02$595,0001,99042.3%
50 YARDARM CT2025-09$750,0001,88252.6%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
26 SWINDON CT2025-05$478,0002,19845.7%
96 BEACH DR2025-10$810,0002,09743.8%
452 NORTHERN BLVD2026-01$550,0002,21256.7%
63 ANCHORAGE BLVD2025-07$775,0002,27058.1%

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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 →