The Fair Share Report

350 Roberts Ave

Berkeley, NJ 07006

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

≈ $640,795

Likely range $588,205 – $749,467, 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 $640,795 home should be assessed near $339,301.

Step 3 · Assessed value

$845,500

Set at the last town-wide revaluation and mostly frozen since. That's $506,199 above what the ratio math suggests (149.2%).

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

$21,898/yr
Public schools$10,256
Ocean County$4,921
Town of Berkeley$6,722
Berkeley average$5,442

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

Town median 46.3%
This home · 131.9%

30%149%

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 $13,111/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
26 SLOOP CREEK RD2025-05$625,0002,39261.0%
12 MICHELLE LN2025-02$655,0002,47855.7%
31 DOLPHIN CIRCLE WEST2026-06$410,0002,34568.0%
18 YAFFA RD2025-04$725,0002,32249.9%
39 BRITTANY DR2025-12$680,0002,51551.7%
1095 BAYVIEW AVE2025-05$750,0002,47653.5%
295 ALLEN RD2025-10$885,0002,31060.2%
453 ANDREW AVE2026-04$615,0002,36856.1%
353 LIVINGSTON AVE2026-05$600,0002,43448.1%
51 AMHERST DR2025-08$950,0002,40056.2%
10 BUTTERNUT LANE2025-10$680,0002,56753.6%
126 MANHATTAN AVE2025-10$700,0002,52759.3%

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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 →