The Fair Share Report

605 Maple St

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

≈ $529,310

Likely range $503,277 – $671,919, 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 $529,310 home should be assessed near $280,270.

Step 3 · Assessed value

$310,400

Set at the last town-wide revaluation and mostly frozen since. That's $30,130 above what the ratio math suggests (10.8%).

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

$8,039/yr
Public schools$3,765
Ocean County$1,807
Town of Berkeley$2,468
Berkeley average$5,442

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

Town median 46.3%
This home · 58.6%

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
417 RIVERSIDE DR2025-01$380,0001,65862.5%
254 BUTLER BLVD2025-08$625,0001,96858.4%
50 YARDARM CT2025-09$750,0001,88252.6%
220 EDWARD AVE2026-02$595,0001,99042.3%
519 TRENTON AVE SOUTH2025-08$500,0001,92051.5%
16 SANDHURST CT2025-09$522,0001,92845.9%
409 BIRCH ST2025-05$482,5001,80056.3%
12 CARLYLE DR2025-07$700,0001,97079.0%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
152 CLIFFORD B WRIGHT ST2025-09$460,0001,80553.5%
217 NO BAY DR2025-12$635,0001,91057.2%
318 BAY BLVD2025-05$493,5001,74647.2%

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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 →