The Fair Share Report

101 Freeport Blvd

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

≈ $307,903

Likely range $260,000 – $337,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,364 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 $307,903 home should be assessed near $163,035.

Step 3 · Assessed value

$197,300

Set at the last town-wide revaluation and mostly frozen since. That's $34,265 above what the ratio math suggests (21.0%).

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

$5,110/yr
Public schools$2,393
Ocean County$1,148
Town of Berkeley$1,569
Berkeley average$5,442

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

Town median 46.3%
This home · 64.1%

30%81%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
16 LA COMBE TERR2026-05$170,0001,36474.4%
18 PULASKI BLVD2026-06$290,0001,36443.1%
79 TOP SAIL CT2025-10$775,0001,36639.4%
31 MILLBROOK CT2026-06$320,0001,36048.3%
73 SHEEPSHEAD DR2025-09$307,0001,36050.3%
73 WHITMORE DR2025-08$355,0001,36042.6%
97 SELKIRK AVE2026-02$337,0001,36438.0%
367 PORT ROYAL DR2026-01$187,5001,36465.8%
128 WESTPORT DR2026-01$260,0001,36047.6%
25 BENNINGTON DR2025-01$250,0001,36072.4%
57 INNSBRUCK DR2025-06$260,0001,36448.5%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%

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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 →