The Fair Share Report

336 Eastern Blvd

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

≈ $489,228

Likely range $343,732 – $518,957, 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 $489,228 home should be assessed near $259,046.

Step 3 · Assessed value

$237,900

Set at the last town-wide revaluation and mostly frozen since. That's $21,146 below what the ratio math suggests (8.2%).

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

$6,162/yr
Public schools$2,886
Ocean County$1,385
Town of Berkeley$1,891
Berkeley average$5,442

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

Town median 46.3%
This home · 48.6%

30%75%

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
33 BLUE HERON LANE2026-05$483,5001,49550.8%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
117 SANDPIPER LN2026-01$290,0001,44870.6%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
110 SANDPIPER LN2025-07$340,0001,41858.1%
128 SLOOP CREEK RD2026-04$515,5001,60943.8%
4 AUBURN RD2025-04$325,0001,5145.5%
141 GRAND CENTRAL PKWY2026-05$470,0001,55147.8%
122 WESTPORT DR2025-10$425,0001,60336.9%
1 MAPLETON RD2025-07$510,0001,51426.1%

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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 →