The Fair Share Report

4 Hyannis St

Berkeley, NJ 08757

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

≈ $345,000

Likely range $295,000 – $425,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,440 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 $345,000 home should be assessed near $182,678.

Step 3 · Assessed value

$188,300

Set at the last town-wide revaluation and mostly frozen since. That's $5,623 above what the ratio math suggests (3.1%).

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

$4,877/yr
Public schools$2,284
Ocean County$1,096
Town of Berkeley$1,497
Berkeley average$5,442

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

Town median 46.3%
This home · 54.6%

30%69%

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
5 RODHOS ST2026-03$425,0001,44049.1%
227 BONAIRE DR2025-07$425,0001,44047.0%
12 HYANNIS ST2025-02$315,0001,44042.5%
12 LONGPORT AVE2025-11$715,0001,45249.0%
59 PUERTO VALLARTA ST2026-06$250,0001,44051.8%
26 CABRILLO BLVD2026-04$400,0001,44033.6%
18 MARQUIS ST2025-09$440,0001,44028.7%
18 MARQUIS ST2025-06$220,0001,44057.4%
11 SAN SALVADOR ST2026-06$345,0001,44039.1%
125 LIBERTA DR2025-12$322,0001,44039.4%
988 JAMAICA BLVD2025-10$380,0001,44035.3%
145 PORT ROYAL DR2025-04$335,0001,44041.0%

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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 →