The Fair Share Report

94 Narberth Way

Berkeley, NJ 08757

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

≈ $391,821

Likely range $333,536 – $429,396, 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 $391,821 home should be assessed near $207,469.

Step 3 · Assessed value

$235,100

Set at the last town-wide revaluation and mostly frozen since. That's $27,631 above what the ratio math suggests (13.3%).

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%

This home's own bill implies $2.484 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,839/yr
Public schools$2,735
Ocean County$1,312
Town of Berkeley$1,792
Berkeley average$5,442

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

Town median 46.3%
This home · 60.0%

30%76%

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
85 SAN CARLOS ST2025-04$235,0001,77661.3%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
32 TOPPINGLIFT DR2026-01$619,8881,71065.3%
127 SYLVAN LAKE BLVD2025-08$439,0001,72644.9%
4 SYMPHONY AVE2026-06$410,0001,68751.6%
96 SANDPIPER DR2026-01$390,0001,72651.4%
16 MERRILEE LN2025-11$393,0001,65242.8%
8 STOCKPORT DR2025-12$330,0001,60149.4%
66 PARADISE BLVD2025-10$240,0001,60155.4%
104 PARADISE BLVD2025-07$280,0001,60169.4%
140 SYLVAN LAKE BLVD2025-07$360,0001,83256.6%
52 CANTERBURY LN2026-02$400,0001,61547.1%

Is this your house?

Run your own report →

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 →