The Fair Share Report

36 Bell 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.

Step 1 · Market value

≈ $276,924

Likely range $254,058 – $348,060, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,252 sq ft.

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 $276,924 home should be assessed near $146,631.

Step 3 · Assessed value

$194,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,369 above what the ratio math suggests (32.3%).

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

$5,025/yr
Public schools$2,353
Ocean County$1,129
Town of Berkeley$1,542
Berkeley average$5,442

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

Town median 46.3%
This home · 70.1%

30%82%

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)

AddressSoldPriceSq ftRatio
12 BAY BLVD2025-06$425,0001,23249.7%
78 FT DE FRANCE AVE2025-06$235,0001,23276.2%
2 VAN GOGH ST2025-11$263,0001,23244.0%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%
38 MARQUIS ST2026-01$270,0001,23244.0%
10 AZTEC CT2025-11$272,5001,23243.4%
3 TIVOLI ST2025-08$377,5001,23233.9%
8 KINSALE ST2025-05$250,0001,26463.3%
193 BIABOU DR2026-03$342,5001,23233.1%
102 BIMINI DR2025-05$250,0001,23249.4%
26 VEEDER LN2025-03$432,0001,21847.7%

Is this your house?

Run your own report →

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 →