The Fair Share Report

1 Harrow 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

≈ $340,447

Likely range $312,864 – $381,297, 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 $340,447 home should be assessed near $180,267.

Step 3 · Assessed value

$182,600

Set at the last town-wide revaluation and mostly frozen since. That's $2,333 above what the ratio math suggests (1.3%).

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 $2.453 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,479/yr
Public schools$2,098
Ocean County$1,007
Town of Berkeley$1,375
Berkeley average$5,442

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

Town median 46.3%
This home · 53.6%

30%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
62 PINTAIL TRACE2025-05$355,0001,48856.3%
110 SANDPIPER LN2025-07$340,0001,41858.1%
10 COLWYN WAY2025-11$495,0001,50938.2%
22 MADRAS CT2026-01$320,0001,44039.0%
41 STOCKPORT DR2025-06$380,0001,44660.3%
117 SANDPIPER LN2026-01$290,0001,44870.6%
97 SANDPIPER DR2025-03$365,0001,39849.6%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
72 NARBERTH WAY2026-02$380,0001,356236.6%
72 NARBERTH WAY2025-04$355,0001,356253.2%

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 →