The Fair Share Report

7 Forest View Dr

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

≈ $698,428

Likely range $554,081 – $762,889, 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 $698,428 home should be assessed near $369,818.

Step 3 · Assessed value

$334,600

Set at the last town-wide revaluation and mostly frozen since. That's $35,218 below what the ratio math suggests (9.5%).

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

$8,666/yr
Public schools$4,059
Ocean County$1,947
Town of Berkeley$2,660
Berkeley average$5,442

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

Town median 46.3%
This home · 47.9%

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
452 NORTHERN BLVD2026-01$550,0002,21256.7%
262 GRAND CENTRAL PKWY2025-06$775,0002,28645.5%
63 ANCHORAGE BLVD2025-07$775,0002,27058.1%
26 SWINDON CT2025-05$478,0002,19845.7%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
4 SADDLE RIDGE COURT2025-11$700,0002,22650.0%
288 PRINCETON AVE2025-04$720,0002,19246.8%
51 AMHERST DR2025-08$950,0002,40056.2%
453 ANDREW AVE2026-04$615,0002,36856.1%

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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 →