The Fair Share Report

914 Anglesea Ave

Berkeley, NJ 08721

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

A touch high — but not appeal-worthy

Above most of Berkeley, but below NJ's legal appeal line (60.89%), where a case becomes winnable.

Step 1 · Market value

≈ $453,201

Likely range $362,458 – $498,446, 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 $453,201 home should be assessed near $239,970.

Step 3 · Assessed value

$268,400

Set at the last town-wide revaluation and mostly frozen since. That's $28,430 above what the ratio math suggests (11.8%).

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

$6,952/yr
Public schools$3,256
Ocean County$1,562
Town of Berkeley$2,134
Berkeley average$5,442

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

Town median 46.3%
This home · 59.2%

30%79%

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

AddressSoldPriceSq ftRatio
21 DOCKAGE RD2025-08$370,0001,49662.6%
96 OCEAN AVE2025-02$1,700,0001,60043.0%
151 HUNTLEY AVE2025-10$375,0001,59038.1%
6 GROUSE DR2025-04$472,5001,46453.4%
61 BITTERN LN2025-12$370,0001,46456.0%
18 ANCHORAGE BLVD2026-06$270,0001,42274.0%
234 LAKEWOOD AVE2026-05$525,0001,59343.6%
40 THIRD AVE2025-09$400,0001,25136.4%
54 KORMAN RD2025-04$415,0001,50351.9%
235 LONG BRANCH AVE2025-08$480,0001,61251.5%
238 LAKEWOOD AVE2025-08$310,0001,61271.0%
20 SYLVAN LAKE BLVD2025-09$465,0001,44054.7%

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