The Fair Share Report

11 Encinitas 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

≈ $361,297

Likely range $260,714 – $433,754, 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 $361,297 home should be assessed near $191,307.

Step 3 · Assessed value

$129,400

Set at the last town-wide revaluation and mostly frozen since. That's $61,907 below what the ratio math suggests (32.4%).

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

$3,351/yr
Public schools$1,570
Ocean County$753
Town of Berkeley$1,029
Berkeley average$5,442

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

Town median 46.3%
This home · 35.8%

24%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
48 WHITAKER DR2026-04$410,0001,31851.5%
11 WHITAKER DR2025-12$370,0001,31841.2%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
236 CABRILLO BLVD2026-02$350,0001,23251.9%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
9 MORONGO CT2026-03$338,0001,32835.7%
78 TROUMAKA ST2025-08$246,0001,32851.7%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
8 AUGUSTA CT2026-01$290,0001,32843.0%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
1 REDLANDS CT2026-05$349,0001,23249.2%
5 SHEEPSHEAD DR2026-05$440,0001,34033.7%

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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 →