The Fair Share Report

80 Hannah Pl

Berkeley, NJ 07036

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

≈ $704,242

Likely range $664,850 – $758,089, 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 $704,242 home should be assessed near $372,896.

Step 3 · Assessed value

$396,700

Set at the last town-wide revaluation and mostly frozen since. That's $23,804 above what the ratio math suggests (6.4%).

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%

This home's own bill implies $2.527 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,025/yr
Public schools$4,695
Ocean County$2,253
Town of Berkeley$3,077
Berkeley average$5,442

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

Town median 46.3%
This home · 56.3%

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
301 HOOVER AVE2026-06$740,0002,81150.9%
361 EASTERN BLVD2025-05$620,0002,57456.5%
126 MANHATTAN AVE2025-10$700,0002,52759.3%
25 STOLLMAN ST2026-04$775,0002,72349.7%
453 ANDREW AVE2026-04$615,0002,36856.1%
51 AMHERST DR2025-08$950,0002,40056.2%
175 SOUTHERN BLVD2025-09$715,0002,89652.0%
14 BRITTANY DR2025-11$759,5002,87448.9%
129 MANHATTAN AVE2026-05$750,0002,79252.2%
18 FOURTH AVE2026-02$605,0002,55651.0%
24 BUCKLEY LN2025-05$785,0002,95553.5%
148 MANHATTAN AVE2025-07$758,0002,68050.3%

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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 →