The Fair Share Report

64 Stanton Ave

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

≈ $282,353

Likely range $208,457 – $400,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 384 sq ft.

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 $282,353 home should be assessed near $149,506.

Step 3 · Assessed value

$132,000

Set at the last town-wide revaluation and mostly frozen since. That's $17,506 below what the ratio math suggests (11.7%).

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

$3,419/yr
Public schools$1,601
Ocean County$768
Town of Berkeley$1,049
Berkeley average$5,442

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

Town median 46.3%
This home · 46.7%

28%69%

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
45 FIFTEENTH ST2025-07$300,00040831.4%
188A CENTRAL AVE2025-07$490,00040443.1%
21C SHORE VILLAS ROAD2025-09$200,00036483.1%
100 TWENTY-FOURTH AVE #72026-03$263,50049374.2%
55N ARLINGTON WAY2025-09$210,00044096.2%
32 SEVENTH LANE2025-03$560,00052249.1%
37 FIFTEENTH ST2025-07$390,50042025.8%
19 NINTH LANE2026-05$669,00057651.3%
27 ELEVENTH LANE2026-03$375,00057686.3%
29 TENTH LANE2026-02$600,00057651.1%
297 HURLEY AVE2025-05$319,00052849.8%
46 OCEAN AVE2025-02$600,00057699.0%

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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 →