The Fair Share Report

11 Blackpool Way

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

≈ $316,135

Likely range $298,505 – $391,623, 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 $316,135 home should be assessed near $167,393.

Step 3 · Assessed value

$170,900

Set at the last town-wide revaluation and mostly frozen since. That's $3,507 above what the ratio math suggests (2.1%).

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

$4,426/yr
Public schools$2,073
Ocean County$995
Town of Berkeley$1,359
Berkeley average$5,442

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

Town median 46.3%
This home · 54.1%

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
326 JAMAICA BLVD2025-02$379,0001,35637.6%
72 NARBERTH WAY2026-02$380,0001,356236.6%
72 NARBERTH WAY2025-04$355,0001,356253.2%
44 CANTERBURY LN2025-05$370,0001,41548.4%
25 TROPICANA CT2025-12$425,0001,36443.7%
46 LA DUNETTE DR2025-10$270,0001,32845.4%
6 MANITOBA CT2025-10$295,0001,32841.6%
4 HAITI CT2025-09$295,0001,32842.6%
4 ELMSWELL CT2025-03$428,0001,32837.1%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
14 PORTSMOUTH DR2026-04$315,0001,36448.6%
55 SELKIRK AVE2026-01$279,9001,36444.7%

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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 →