The Fair Share Report

9 Eagle Dr

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

≈ $697,575

Likely range $635,518 – $766,467, 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 $697,575 home should be assessed near $369,366.

Step 3 · Assessed value

$431,200

Set at the last town-wide revaluation and mostly frozen since. That's $61,834 above what the ratio math suggests (16.7%).

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

$11,168/yr
Public schools$5,230
Ocean County$2,510
Town of Berkeley$3,428
Berkeley average$5,442

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

Town median 46.3%
This home · 61.8%

30%73%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
361 EASTERN BLVD2025-05$620,0002,57456.5%
51 AMHERST DR2025-08$950,0002,40056.2%
12 MICHELLE LN2025-02$655,0002,47855.7%
421 PRINCETON AVE2025-05$675,0002,30449.4%
25 STOLLMAN ST2026-04$775,0002,72349.7%
449 MONTGOMERY ST2025-11$800,0002,38842.0%
39 BRITTANY DR2025-12$680,0002,51551.7%
18 YAFFA RD2025-04$725,0002,32249.9%
336 ARLINGTON AVE2026-03$570,5652,28261.9%
26 SLOOP CREEK RD2025-05$625,0002,39261.0%
126 MANHATTAN AVE2025-10$700,0002,52759.3%
18 FOURTH AVE2026-02$605,0002,55651.0%

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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 →