The Fair Share Report

1 York 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

≈ $284,900

Likely range $238,000 – $299,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,083 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 $284,900 home should be assessed near $150,855.

Step 3 · Assessed value

$101,900

Set at the last town-wide revaluation and mostly frozen since. That's $48,955 below what the ratio math suggests (32.5%).

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

$2,639/yr
Public schools$1,236
Ocean County$593
Town of Berkeley$810
Berkeley average$5,442

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

Town median 46.3%
This home · 35.8%

29%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
29 SHERWOOD LN2026-02$248,0001,08340.5%
1111 WATERBERRY CT SOUTH2026-02$299,0001,08335.9%
859 EDGEBROOK DR NORTH2025-08$253,5001,08844.2%
14 SUTHERLAND CT2025-01$300,0001,08852.3%
6 STANFORD DR2026-02$220,0001,09148.5%
35 CHARLOTTEVILLE DR S2026-04$349,9001,0925.8%
14 ST PIERRI CT2026-03$295,0001,09234.9%
53 BARBADOS DR SOUTH2026-01$237,5001,09245.8%
615 JAMAICA BLVD2025-05$360,0001,0926.3%
7 BONASSE ST2025-04$236,5001,09240.4%
27 GUADELOUPE DR2025-03$300,0001,09236.9%
19 CAMBRIDGE CT2026-06$238,0001,08344.6%

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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 →