The Fair Share Report

1 Danube Ct

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

≈ $376,732

Likely range $334,732 – $475,408, 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 $376,732 home should be assessed near $199,480.

Step 3 · Assessed value

$152,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,480 below what the ratio math suggests (23.8%).

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

$3,937/yr
Public schools$1,844
Ocean County$885
Town of Berkeley$1,208
Berkeley average$5,442

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

Town median 46.3%
This home · 40.3%

27%68%

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
110 SANDPIPER LN2025-07$340,0001,41858.1%
117 SANDPIPER LN2026-01$290,0001,44870.6%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
10 COLWYN WAY2025-11$495,0001,50938.2%
6 SNOWDON CT2025-12$400,0001,44046.0%
41 WINTERTON DR2026-02$450,0001,50934.2%
5 CORFU CT2026-04$515,0001,44036.8%
5 CORFU CT2025-10$479,9001,44039.5%
33 BLUE HERON LANE2026-05$483,5001,49550.8%
22 MADRAS CT2026-01$320,0001,44039.0%
97 SANDPIPER DR2025-03$365,0001,39849.6%
41 STOCKPORT DR2025-06$380,0001,44660.3%

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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 →