The Fair Share Report

10 Aruba 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

≈ $260,463

Likely range $242,931 – $292,403, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,126 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 $260,463 home should be assessed near $137,915.

Step 3 · Assessed value

$96,800

Set at the last town-wide revaluation and mostly frozen since. That's $41,115 below what the ratio math suggests (29.8%).

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

$2,507/yr
Public schools$1,174
Ocean County$563
Town of Berkeley$770
Berkeley average$5,442

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

Town median 46.3%
This home · 37.2%

28%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
306 ST THOMAS DR2026-02$245,0001,12442.8%
22 MARGARITA ST2025-08$375,0001,12445.5%
4 ST CROIX ST2025-06$315,0001,12454.7%
452 JAMAICA BLVD2025-01$260,0001,12444.4%
54 TORTOLA ST2025-04$280,0001,12439.6%
45 PORT ROYAL DR2024-12$255,0001,12444.5%
30 SHERWOOD LN2025-09$219,9001,12748.0%
68 BARBADOS DR SOUTH2025-09$259,9001,12441.3%
324 ST THOMAS DR2026-06$339,0001,12451.2%
110 GEORGETOWN RD2025-03$265,0001,13540.4%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%

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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 →