The Fair Share Report

11 Bimini Dr

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

≈ $300,254

Likely range $264,541 – $345,083, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).

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 $300,254 home should be assessed near $158,984.

Step 3 · Assessed value

$127,600

Set at the last town-wide revaluation and mostly frozen since. That's $31,384 below what the ratio math suggests (19.7%).

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

$3,305/yr
Public schools$1,548
Ocean County$743
Town of Berkeley$1,014
Berkeley average$5,442

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

Town median 46.3%
This home · 42.5%

30%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
235 BARBADOS DR NORTH2025-09$357,0001,26430.8%
97 LIBERTA DR2025-08$355,0001,26450.3%
7 LE DIAMANT ST2025-10$300,0001,26442.9%
211 BONAIRE DR2026-05$305,0001,26437.4%
93 BARBADOS DR SOUTH2025-07$291,2501,26441.6%
555 JAMAICA BLVD2025-06$267,5001,26443.1%
8 KINSALE ST2025-05$250,0001,26463.3%
16 PAVILION ST2025-11$335,0001,26434.4%
80 ETON RD2025-06$380,0001,31849.4%
2 TAJ MAHAL CT2026-03$264,0001,23244.7%
2 VAN GOGH ST2025-11$263,0001,23244.0%
15 ST EUSTATIUS ST2025-11$245,0001,32846.6%

Is this your house?

Run your own report →

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 →