The Fair Share Report

1 Tapola Rd

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

≈ $334,248

Likely range $275,783 – $427,096, 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 $334,248 home should be assessed near $176,984.

Step 3 · Assessed value

$136,000

Set at the last town-wide revaluation and mostly frozen since. That's $40,984 below what the ratio math suggests (23.2%).

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

$3,522/yr
Public schools$1,650
Ocean County$792
Town of Berkeley$1,081
Berkeley average$5,442

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

Town median 46.3%
This home · 40.7%

26%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
91 WINDJAMMER CT2025-08$650,0001,32053.5%
72 STORM JIB CT2025-07$595,0001,32065.9%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
78 TROUMAKA ST2025-08$246,0001,32851.7%
193 ORLANDO BLVD2025-06$334,5001,32837.1%
1 SOUTH POINT CT2025-01$355,0001,32843.1%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
221 ORLANDO BLVD2026-06$250,0001,32849.0%
9 MORONGO CT2026-03$338,0001,32835.7%
48 WHITAKER DR2026-04$410,0001,31851.5%

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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 →