The Fair Share Report

320 Coolidge 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

≈ $285,631

Likely range $255,455 – $378,652, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,124 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 $285,631 home should be assessed near $151,242.

Step 3 · Assessed value

$192,600

Set at the last town-wide revaluation and mostly frozen since. That's $41,358 above what the ratio math suggests (27.3%).

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

$4,988/yr
Public schools$2,336
Ocean County$1,121
Town of Berkeley$1,531
Berkeley average$5,442

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

Town median 46.3%
This home · 67.4%

30%81%

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
569 COPLEY PL2026-05$380,0001,12843.6%
354 TRENTON AVE NORTH2025-10$260,0001,14481.2%
7 WHITMORE CT2026-02$275,0001,12283.8%
2 BASSET DR2025-05$270,0001,14042.0%
16 PIERMONT RD2026-05$293,0001,15395.3%
162 CASTLETON DR2026-03$258,6221,15376.3%
146 BIMINI DR2026-02$314,0001,12434.0%
364 HOOVER AVE2025-02$350,0001,17553.4%
164 GRAND CENTRAL PKWY2025-02$380,0001,12848.2%
89 CARLISLE RD2026-03$350,0001,12146.0%
95 CARLISLE RD2025-03$225,0001,12169.7%
355 WESTERN BLVD2026-05$375,0001,10447.0%

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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 →