The Fair Share Report

4 Haddon Ave

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

≈ $834,077

Likely range $808,085 – $848,225, from 12 comparable Berkeley sales in the past 18 months, at this home's 3,193 sq ft.

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 $834,077 home should be assessed near $441,644.

Step 3 · Assessed value

$417,300

Set at the last town-wide revaluation and mostly frozen since. That's $24,344 below what the ratio math suggests (5.5%).

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

$10,808/yr
Public schools$5,062
Ocean County$2,429
Town of Berkeley$3,318
Berkeley average$5,442

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

Town median 46.3%
This home · 50.0%

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
43 BRITTANY DR2025-06$805,0003,16154.2%
5 OVERLOOK CT2025-10$760,0003,00348.1%
50 PLEASANT VALLEY CT2025-01$809,0003,09751.1%
25 STOLLMAN ST2026-04$775,0002,72349.7%
570 FOREST HILLS PKWY2025-09$584,9003,02657.8%
100 MAGNOLIA LN2025-05$1,225,0003,57861.8%
14 BRITTANY DR2025-11$759,5002,87448.9%
24 BUCKLEY LN2025-05$785,0002,95553.5%
175 SOUTHERN BLVD2025-09$715,0002,89652.0%
301 HOOVER AVE2026-06$740,0002,81150.9%
3 DALE CT2025-03$735,0002,84858.5%
361 EASTERN BLVD2025-05$620,0002,57456.5%

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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 →