The Fair Share Report

6 Conor Ct

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

≈ $722,168

Likely range $625,273 – $844,656, 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 $722,168 home should be assessed near $382,388.

Step 3 · Assessed value

$380,300

Set at the last town-wide revaluation and mostly frozen since. That's $2,088 below what the ratio math suggests (0.5%).

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

$9,850/yr
Public schools$4,613
Ocean County$2,213
Town of Berkeley$3,023
Berkeley average$5,442

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

Town median 46.3%
This home · 52.7%

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
449 MONTGOMERY ST2025-11$800,0002,38842.0%
51 AMHERST DR2025-08$950,0002,40056.2%
421 PRINCETON AVE2025-05$675,0002,30449.4%
12 MICHELLE LN2025-02$655,0002,47855.7%
6 KEY LARGO CT2026-01$675,0002,42548.0%
336 ARLINGTON AVE2026-03$570,5652,28261.9%
453 ANDREW AVE2026-04$615,0002,36856.1%
361 EASTERN BLVD2025-05$620,0002,57456.5%
18 YAFFA RD2025-04$725,0002,32249.9%
126 MANHATTAN AVE2025-10$700,0002,52759.3%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
262 GRAND CENTRAL PKWY2025-06$775,0002,28645.5%

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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 →