The Fair Share Report

8 Amherst Dr

Berkeley, NJ 07652

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

≈ $381,591

Likely range $334,010 – $402,211, 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 $381,591 home should be assessed near $202,052.

Step 3 · Assessed value

$390,700

Set at the last town-wide revaluation and mostly frozen since. That's $188,648 above what the ratio math suggests (93.4%).

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

$10,119/yr
Public schools$4,739
Ocean County$2,274
Town of Berkeley$3,106
Berkeley average$5,442

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

Town median 46.3%
This home · 102.4%

30%122%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $4,886/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
52 CANTERBURY LN2026-02$400,0001,61547.1%
24 LAMBERT WAY2025-12$380,0001,61549.0%
80 CANTERBURY LN2025-10$340,0001,61555.6%
16 MERRILEE LN2025-11$393,0001,65242.8%
8 STOCKPORT DR2025-12$330,0001,60149.4%
66 PARADISE BLVD2025-10$240,0001,60155.4%
104 PARADISE BLVD2025-07$280,0001,60169.4%
4 SYMPHONY AVE2026-06$410,0001,68751.6%
292 JAMAICA BLVD2025-04$400,0001,66041.1%
195 CANTERBURY LN2025-06$365,0001,58450.9%
10 BOLTON CT2026-04$385,0001,61548.3%
23 MANITOBA CT2026-05$359,9001,60136.9%

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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 →