The Fair Share Report

11 Ashcroft Ln

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

≈ $686,497

Likely range $471,400 – $751,389, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,932 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 $686,497 home should be assessed near $363,500.

Step 3 · Assessed value

$149,500

Set at the last town-wide revaluation and mostly frozen since. That's $214,000 below what the ratio math suggests (58.9%).

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

$3,872/yr
Public schools$1,813
Ocean County$870
Town of Berkeley$1,189
Berkeley average$5,442

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

Town median 46.3%
This home · 21.8%

14%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
3 DRAKE DR2025-09$670,0001,88459.9%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
9 ST FRANCOIS CT2026-04$580,0001,81225.4%
6 TRAVELER WAY2025-10$820,0001,95551.8%
109 WEST ISLAND RD2025-06$710,0001,92057.0%
3 STARFISH CT2026-06$425,0001,90450.0%
259 CYPRESS DR2025-08$900,0002,04251.1%
104 BUTLER AVE2025-09$414,0001,88850.3%
78 TOP SAIL CT2025-08$665,0001,81963.3%
12 CARLYLE DR2025-07$700,0001,97079.0%
92 BUTLER AVE2025-06$447,0001,83247.8%
767 JAMAICA BLVD2026-06$540,0001,89630.3%

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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 →