The Fair Share Report

613 Maple St

Berkeley, NJ 08722

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

≈ $400,437

Likely range $333,144 – $439,389, 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 $400,437 home should be assessed near $212,031.

Step 3 · Assessed value

$152,600

Set at the last town-wide revaluation and mostly frozen since. That's $59,431 below what the ratio math suggests (28.0%).

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

$3,952/yr
Public schools$1,851
Ocean County$888
Town of Berkeley$1,213
Berkeley average$5,442

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

Town median 46.3%
This home · 38.1%

29%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
614 BAY BLVD2025-11$520,0001,08131.7%
145 OCEAN GATE DR2025-04$440,0001,02036.0%
206 CORNELIUS ST2026-05$410,0001,02951.4%
174 BRENNAN CONCOURSE2025-04$350,0001,02447.3%
155 OCEAN GATE DR2025-05$401,00096039.5%
50 PARK AVE2025-10$427,00096046.8%
97 PHEASANT DR2025-12$399,00096045.9%
28 CHAIN BLVD2025-07$362,0001,00058.0%
17 GLENWOOD DR2025-06$449,9001,05248.6%
15 BUCKLEY LN2026-06$370,00085846.3%
34 DOCKAGE RD2026-02$410,0001,10050.0%
613 BAY BLVD2025-05$321,0001,17654.4%

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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 →