The Fair Share Report
35 Locker St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $442,925 – $517,519, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,738 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $477,005 home should be assessed near $252,574.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,226 above what the ratio math suggests (10.0%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%68%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 96 OCEAN AVE | 2025-02 | $1,700,000 | 1,600 | 43.0% |
| 310 ATLANTIC CITY AVE | 2025-07 | $495,000 | 1,750 | 46.9% |
| 38 BELMONT AVE | 2025-12 | $495,000 | 1,736 | 51.8% |
| 318 BAY BLVD | 2025-05 | $493,500 | 1,746 | 47.2% |
| 151 HUNTLEY AVE | 2025-10 | $375,000 | 1,590 | 38.1% |
| 254 BUTLER BLVD | 2025-08 | $625,000 | 1,968 | 58.4% |
| 21 DOCKAGE RD | 2025-08 | $370,000 | 1,496 | 62.6% |
| 305 NEPTUNE AVE | 2026-03 | $505,000 | 1,840 | 46.5% |
| 26 BELMONT AVE | 2025-05 | $467,500 | 1,712 | 50.3% |
| 235 LONG BRANCH AVE | 2025-08 | $480,000 | 1,612 | 51.5% |
| 238 LAKEWOOD AVE | 2025-08 | $310,000 | 1,612 | 71.0% |
| 69 MALLARD RD | 2025-12 | $470,000 | 1,814 | 57.1% |
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