The Fair Share Report

39 Brown Ave

Berkeley, NJ 08741

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

≈ $449,806

Likely range $340,069 – $580,683, 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 $449,806 home should be assessed near $238,172.

Step 3 · Assessed value

$319,100

Set at the last town-wide revaluation and mostly frozen since. That's $80,928 above what the ratio math suggests (34.0%).

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

$8,265/yr
Public schools$3,871
Ocean County$1,857
Town of Berkeley$2,537
Berkeley average$5,442

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

Town median 46.3%
This home · 70.9%

30%99%

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
69 MALLARD RD2025-12$470,0001,81457.1%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
13 CANARIES CT2025-08$490,0001,76234.4%
182 FT DE FRANCE AVE2025-05$315,0001,710145.7%
217 NO BAY DR2025-12$635,0001,91057.2%
23 BUTLER BLVD2026-03$459,9001,60049.1%
63 CHARLOTTEVILLE DR S2025-01$400,0001,60488.0%
254 BUTLER BLVD2025-08$625,0001,96858.4%
60 WOODLAND RD2026-05$312,5001,58865.1%
70 MALLARD RD2025-01$380,0001,58869.5%
96 OCEAN AVE2025-02$1,700,0001,60043.0%
7 BEDFORD CT2026-04$305,0001,64842.8%

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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 →