The Fair Share Report

34 Stanton Ave

Berkeley, NJ 08741

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

≈ $570,091

Likely range $488,718 – $757,243, 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 $570,091 home should be assessed near $301,863.

Step 3 · Assessed value

$385,000

Set at the last town-wide revaluation and mostly frozen since. That's $83,137 above what the ratio math suggests (27.5%).

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

$9,972/yr
Public schools$4,670
Ocean County$2,241
Town of Berkeley$3,061
Berkeley average$5,442

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

Town median 46.3%
This home · 67.5%

30%84%

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
12 CARLYLE DR2025-07$700,0001,97079.0%
68 MALLARD RD2025-03$405,0002,05058.8%
3 DRAKE DR2025-09$670,0001,88459.9%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
26 SWINDON CT2025-05$478,0002,19845.7%
217 NO BAY DR2025-12$635,0001,91057.2%
13 CANARIES CT2025-08$490,0001,76234.4%
170 STATION RD2025-05$360,0001,78065.4%
9 COVE RD W2025-06$699,9002,37653.1%
65 NORTH ISLAND RD2025-11$830,0002,28551.4%
69 MALLARD RD2025-12$470,0001,81457.1%
13 SKIMMER LANE2026-03$490,0002,00453.1%

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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 →