The Fair Share Report

372 Roberts Ave

Berkeley, NJ 08060

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

≈ $366,235

Likely range $314,212 – $439,184, 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 $366,235 home should be assessed near $193,921.

Step 3 · Assessed value

$504,700

Set at the last town-wide revaluation and mostly frozen since. That's $310,779 above what the ratio math suggests (160.3%).

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

$13,072/yr
Public schools$6,122
Ocean County$2,937
Town of Berkeley$4,012
Berkeley average$5,442

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

Town median 46.3%
This home · 137.8%

30%166%

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 $8,049/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
145 PORT ROYAL DR2025-04$335,0001,44041.0%
12 LONGPORT AVE2025-11$715,0001,45249.0%
5 RODHOS ST2026-03$425,0001,44049.1%
24 RUTLAND DR2026-04$339,0001,49439.2%
10 SEVILLE PL2026-05$245,0001,53153.0%
253 WESTBROOK DR2025-02$382,4001,51434.1%
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%

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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 →