The Fair Share Report

914 Main St

Berkeley, NJ 07871

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

≈ $568,674

Likely range $460,957 – $688,859, from 12 comparable Berkeley sales in the past 18 months, at this home's 2,072 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 $568,674 home should be assessed near $301,113.

Step 3 · Assessed value

$330,700

Set at the last town-wide revaluation and mostly frozen since. That's $29,587 above what the ratio math suggests (9.8%).

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

$8,565/yr
Public schools$4,011
Ocean County$1,925
Town of Berkeley$2,629
Berkeley average$5,442

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

Town median 46.3%
This home · 58.2%

30%77%

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
254 BUTLER BLVD2025-08$625,0001,96858.4%
305 NEPTUNE AVE2026-03$505,0001,84046.5%
221 RIVERSIDE DR2025-12$400,0001,79854.0%
8 GLENWOOD DR2025-03$455,0002,24365.5%
129 GUADELOUPE DR2025-09$409,8212,14656.6%
68 MALLARD RD2025-03$405,0002,05058.8%
61 CHARLOTTEVILLE DR S2025-10$504,9001,95644.7%
40 MORRIS BLVD2025-12$585,0002,37452.0%
767 JAMAICA BLVD2026-06$540,0001,89630.3%
217 NO BAY DR2025-12$635,0001,91057.2%
259 CYPRESS DR2025-08$900,0002,04251.1%
260 TEAKWOOD DR2025-06$875,0001,89843.2%

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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 →