The Fair Share Report

80 Timberline Rd

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

≈ $452,041

Likely range $397,322 – $551,244, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,772 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 $452,041 home should be assessed near $239,356.

Step 3 · Assessed value

$252,400

Set at the last town-wide revaluation and mostly frozen since. That's $13,044 above what the ratio math suggests (5.4%).

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

$6,537/yr
Public schools$3,062
Ocean County$1,469
Town of Berkeley$2,007
Berkeley average$5,442

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

Town median 46.3%
This home · 55.8%

30%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
18 SKIMMER LANE2025-07$495,0001,72855.4%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
73 TIMBERLINE RD2025-11$550,0001,76850.0%
11 OAKENGATES DR2025-06$419,9001,82648.0%
4 BRANCHWOOD PL2026-05$640,0001,89051.8%
22 DOLPHIN CIRCLE WEST2026-03$580,0001,81743.9%
58 WINTERTON DR2025-05$475,0001,86236.4%
15 DOLPHIN CIRCLE WEST2026-05$515,0001,64245.7%
30 CHUTNEY ST2025-12$470,0001,72435.7%
24 CHUTNEY ST2026-06$420,0001,82942.2%
168 CHESTERFIELD LN2026-02$380,0001,86257.3%
91 WESTPORT DR2026-02$385,0001,72443.0%

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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 →