The Fair Share Report

36 Sequoia Ct

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

≈ $647,411

Likely range $584,850 – $799,423, 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 $647,411 home should be assessed near $342,804.

Step 3 · Assessed value

$340,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,804 below what the ratio math suggests (0.8%).

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

$8,806/yr
Public schools$4,124
Ocean County$1,979
Town of Berkeley$2,703
Berkeley average$5,442

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

Town median 46.3%
This home · 52.5%

30%68%

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
51 AMHERST DR2025-08$950,0002,40056.2%
63 ANCHORAGE BLVD2025-07$775,0002,27058.1%
1095 BAYVIEW AVE2025-05$750,0002,47653.5%
262 GRAND CENTRAL PKWY2025-06$775,0002,28645.5%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
453 ANDREW AVE2026-04$615,0002,36856.1%
6 KEY LARGO CT2026-01$675,0002,42548.0%
452 NORTHERN BLVD2026-01$550,0002,21256.7%
15 BRENTWOOD DR2025-12$710,0002,22144.6%
18 FOURTH AVE2026-02$605,0002,55651.0%
148 MANHATTAN AVE2025-07$758,0002,68050.3%
12 BRENTWOOD DR2025-02$580,0002,06150.2%

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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 →