The Fair Share Report

11 Aztec 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

≈ $280,000

Likely range $234,167 – $314,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,124 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 $280,000 home should be assessed near $148,260.

Step 3 · Assessed value

$104,400

Set at the last town-wide revaluation and mostly frozen since. That's $43,860 below what the ratio math suggests (29.6%).

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

$2,704/yr
Public schools$1,266
Ocean County$608
Town of Berkeley$830
Berkeley average$5,442

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

Town median 46.3%
This home · 37.3%

28%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
28 BOCA RATON ST2026-04$170,0001,12460.8%
159 LIBERTA DR2026-01$333,0001,12450.5%
108 BIMINI DR2025-05$272,0001,12441.1%
146 BIMINI DR2026-02$314,0001,12434.0%
89 CARLISLE RD2026-03$350,0001,12146.0%
95 CARLISLE RD2025-03$225,0001,12169.7%
205 BONAIRE DR2026-02$258,0001,12442.0%
11 BAHAMIA DR2025-11$244,0001,12443.6%
21 SAN SALVADOR ST2025-10$280,0001,12438.7%
14 SAN SALVADOR ST2025-02$345,0001,12431.9%
8 NEVIS CT2025-09$185,0001,12456.6%
405 COSTA MESA DR2025-06$294,0001,12438.0%

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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 →