The Fair Share Report

355 Roberts Ave

Berkeley, NJ 08752

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

≈ $287,567

Likely range $268,388 – $335,156, 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 $287,567 home should be assessed near $152,267.

Step 3 · Assessed value

$495,000

Set at the last town-wide revaluation and mostly frozen since. That's $342,733 above what the ratio math suggests (225.1%).

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

$12,821/yr
Public schools$6,004
Ocean County$2,881
Town of Berkeley$3,935
Berkeley average$5,442

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

Town median 46.3%
This home · 172.1%

30%190%

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 $8,877/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
3 BASSET CT2025-01$290,0001,03134.3%
125 RODHOS ST2026-04$270,0001,03440.1%
18 CABRILLO BLVD2026-04$325,0001,03448.2%
7 VENEZIA ST2025-07$330,0001,05748.6%
81 PUERTO VALLARTA ST2025-08$269,0001,03440.9%
11 PALMETTO PT ST2026-05$325,0001,03432.3%
45 BONAIRE DR2025-09$332,0911,03430.6%
80 BRAKENBURY DR2025-07$225,0001,059244.4%
14 DORAL DR2026-01$309,9001,12438.4%
7 BONAIRE DR2025-09$250,0001,03440.4%
6 BIMINI DR2026-04$343,0001,03430.1%
34 SAN CARLOS ST2025-10$304,9001,12439.7%

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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 →