The Fair Share Report

38 Bittern Ln

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

≈ $365,731

Likely range $330,713 – $441,754, 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 $365,731 home should be assessed near $193,655.

Step 3 · Assessed value

$235,800

Set at the last town-wide revaluation and mostly frozen since. That's $42,145 above what the ratio math suggests (21.8%).

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

$6,107/yr
Public schools$2,860
Ocean County$1,372
Town of Berkeley$1,875
Berkeley average$5,442

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

Town median 46.3%
This home · 64.5%

30%77%

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
157 GUADELOUPE DR2025-04$340,0001,48439.6%
9 MALLARD RD2025-03$395,0001,44860.4%
175 FT DE FRANCE AVE2025-12$300,0001,440110.0%
174 FT DE FRANCE AVE2025-03$375,0001,44037.2%
513 JAMAICA BLVD2026-02$355,0001,48450.9%
210 LAKEWOOD AVE2025-04$432,1001,47456.8%
88 SCARBOROUGH PL2025-08$292,0001,44050.6%
757 JAMAICA BLVD2025-05$452,0001,44030.2%
227 TWENTY-SECOND AVE2025-04$830,0001,47051.0%
61 BITTERN LN2025-12$370,0001,46456.0%
427 HARDING AVE2025-06$509,0001,48047.5%
26 FT DE FRANCE AVE2026-02$350,0001,44043.8%

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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 →