The Fair Share Report

439 Radovan Ave

Berkeley, NJ 08691

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

≈ $577,060

Likely range $489,053 – $646,288, 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 $577,060 home should be assessed near $305,553.

Step 3 · Assessed value

$278,800

Set at the last town-wide revaluation and mostly frozen since. That's $26,753 below what the ratio math suggests (8.8%).

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

$7,221/yr
Public schools$3,382
Ocean County$1,623
Town of Berkeley$2,216
Berkeley average$5,442

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

Town median 46.3%
This home · 48.3%

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
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
220 EDWARD AVE2026-02$595,0001,99042.3%
50 YARDARM CT2025-09$750,0001,88252.6%
371 VETERANS BLVD2025-06$585,0001,82842.5%
25 LAWRENCE AVE2025-04$560,0001,90451.0%
96 BEACH DR2025-10$810,0002,09743.8%
452 NORTHERN BLVD2026-01$550,0002,21256.7%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
174 FIFTH AVE2025-05$549,0001,75041.0%

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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 →