The Fair Share Report

410 Eastern Blvd

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

≈ $650,626

Likely range $480,920 – $704,212, 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 $650,626 home should be assessed near $344,506.

Step 3 · Assessed value

$316,600

Set at the last town-wide revaluation and mostly frozen since. That's $27,906 below what the ratio math suggests (8.1%).

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

$8,200/yr
Public schools$3,840
Ocean County$1,843
Town of Berkeley$2,517
Berkeley average$5,442

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

Town median 46.3%
This home · 48.7%

30%71%

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
12 CARLYLE DR2025-07$700,0001,97079.0%
23 PELICAN DR2025-11$720,0001,91241.3%
217 NO BAY DR2025-12$635,0001,91057.2%
3 DRAKE DR2025-09$670,0001,88459.9%
68 MALLARD RD2025-03$405,0002,05058.8%
13 CANARIES CT2025-08$490,0001,76234.4%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
4 BLYTH CT2025-06$445,0001,928103.5%
69 MALLARD RD2025-12$470,0001,81457.1%
364 RAILROAD AVE2026-04$630,0001,85643.0%
519 TRENTON AVE SOUTH2025-08$500,0001,92051.5%
254 BUTLER BLVD2025-08$625,0001,96858.4%

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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 →