The Fair Share Report

39 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

≈ $365,286

Likely range $291,163 – $511,397, 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 $365,286 home should be assessed near $193,419.

Step 3 · Assessed value

$246,200

Set at the last town-wide revaluation and mostly frozen since. That's $52,781 above what the ratio math suggests (27.3%).

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

$6,377/yr
Public schools$2,986
Ocean County$1,433
Town of Berkeley$1,957
Berkeley average$5,442

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

Town median 46.3%
This home · 67.4%

30%90%

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
56 HICKORY LN2026-05$360,0001,55267.7%
24 WOODLAND RD2025-09$490,5001,53253.5%
13 COBHAM CT2025-06$412,0001,51429.3%
10 NORFOLK DR2025-02$300,0001,51463.5%
89 BRAKENBURY DR2025-08$285,0001,49456.8%
24 BIABOU DR2025-11$215,0001,55259.0%
210 LAKEWOOD AVE2025-04$432,1001,47456.8%
10 SEVILLE PL2026-05$245,0001,53153.0%
513 JAMAICA BLVD2026-02$355,0001,48450.9%
3 SHAW CT2025-09$340,0001,49441.1%
223 WESTBROOK DR2025-06$411,0001,49434.5%
29 PHEASANT DR2025-12$515,0001,58853.3%

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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 →