The Fair Share Report

82 Fourth Ave

Berkeley, NJ 08757

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

≈ $261,998

Likely range $253,448 – $347,520, from 12 comparable Berkeley sales in the past 18 months, at this home's 960 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 $261,998 home should be assessed near $138,728.

Step 3 · Assessed value

$134,300

Set at the last town-wide revaluation and mostly frozen since. That's $4,428 below what the ratio math suggests (3.2%).

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

$3,478/yr
Public schools$1,629
Ocean County$782
Town of Berkeley$1,068
Berkeley average$5,442

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

Town median 46.3%
This home · 51.3%

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
76 PUFFIN GLADE2025-08$245,00094064.4%
90 PUFFIN GLADE2026-05$249,90092348.0%
73 PUFFIN GLADE2025-01$245,00092864.0%
100 SUNSET DR NORTH #112025-02$510,00095036.7%
88 PUFFIN GLADE2026-05$245,00092842.9%
13 MILLBROOK CT2025-10$259,90098549.4%
3 BASSET CT2025-01$290,0001,03134.3%
138 SPOONBILL HOLLOW2025-05$290,0001,22066.2%
97 PHEASANT DR2025-12$399,00096045.9%
155 OCEAN GATE DR2025-05$401,00096039.5%
3 CALDWELL DR2026-03$279,00097146.3%
63 BRAKENBURY DR2026-04$265,00097135.8%

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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 →