The Fair Share Report

9 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

≈ $703,464

Likely range $548,665 – $796,090, 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 $703,464 home should be assessed near $372,484.

Step 3 · Assessed value

$348,100

Set at the last town-wide revaluation and mostly frozen since. That's $24,384 below what the ratio math suggests (6.5%).

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

$9,016/yr
Public schools$4,222
Ocean County$2,026
Town of Berkeley$2,767
Berkeley average$5,442

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

Town median 46.3%
This home · 49.5%

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
15 BRENTWOOD DR2025-12$710,0002,22144.6%
31 DOLPHIN CIRCLE WEST2026-06$410,0002,34568.0%
295 ALLEN RD2025-10$885,0002,31060.2%
63 ANCHORAGE BLVD2025-07$775,0002,27058.1%
51 AMHERST DR2025-08$950,0002,40056.2%
167 AMSTERDAM AVE2026-06$655,0002,62049.8%
26 SWINDON CT2025-05$478,0002,19845.7%
361 EASTERN BLVD2025-05$620,0002,57456.5%
70 BRIDLE PATH2025-06$689,0002,20145.9%
10 BUTTERNUT LANE2025-10$680,0002,56753.6%
184 FIFTH AVE2025-08$705,0002,29547.4%
202 BAY CT2025-09$812,5002,11456.2%

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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 →