The Fair Share Report

493 Baldwin Ave

Berkeley, NJ 08754

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

≈ $464,559

Likely range $326,400 – $529,372, 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 $464,559 home should be assessed near $245,984.

Step 3 · Assessed value

$156,400

Set at the last town-wide revaluation and mostly frozen since. That's $89,584 below what the ratio math suggests (36.4%).

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%

This home's own bill implies $3.738 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$5,846/yr
Public schools$2,738
Ocean County$1,314
Town of Berkeley$1,794
Berkeley average$5,442

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

Town median 46.3%
This home · 33.7%

24%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
117 SANDPIPER LN2026-01$290,0001,44870.6%
33 BLUE HERON LANE2026-05$483,5001,49550.8%
110 SANDPIPER LN2025-07$340,0001,41858.1%
202 THIRD AVE2026-05$435,0001,50447.3%
168 GRAND CENTRAL PKWY2026-02$465,0001,40055.7%
11 WESTGATE CT2025-09$500,0001,44037.5%
8 WYCOMBE CT2025-07$450,0001,44040.8%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
545 HOPEDALE DR SW2025-08$531,0001,25442.1%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
174 FIFTH AVE2025-05$549,0001,75041.0%
13 THORNTON RD2026-06$315,0001,404133.8%

Is this your house?

Run your own report →

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 →