The Fair Share Report

9 Avalon Ave

Berkeley, NJ 08740

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

≈ $774,640

Likely range $748,529 – $852,964, 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 $774,640 home should be assessed near $410,172.

Step 3 · Assessed value

$725,900

Set at the last town-wide revaluation and mostly frozen since. That's $315,728 above what the ratio math suggests (77.0%).

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

$18,801/yr
Public schools$8,805
Ocean County$4,225
Town of Berkeley$5,771
Berkeley average$5,442

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

Town median 46.3%
This home · 93.7%

30%102%

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 $8,177/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
7 KEVIN COURT2025-11$835,0002,78762.6%
1 PADDOCK CT2026-03$832,5002,91153.8%
4 SANDER WAY2025-06$765,0002,78055.7%
175 SOUTHERN BLVD2025-09$715,0002,89652.0%
24 BUCKLEY LN2025-05$785,0002,95553.5%
148 COLLERAN PL2025-04$620,0002,81648.3%
324 NOLAN AVE2025-10$770,0002,53850.6%
301 HOOVER AVE2026-06$740,0002,81150.9%
14 BRITTANY DR2025-11$759,5002,87448.9%
3 DALE CT2025-03$735,0002,84858.5%
129 MANHATTAN AVE2026-05$750,0002,79252.2%
5 OVERLOOK CT2025-10$760,0003,00348.1%

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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 →