The Fair Share Report

11 S Point 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

≈ $432,837

Likely range $367,616 – $482,454, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,692 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 $432,837 home should be assessed near $229,187.

Step 3 · Assessed value

$135,200

Set at the last town-wide revaluation and mostly frozen since. That's $93,987 below what the ratio math suggests (41.0%).

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

$3,502/yr
Public schools$1,640
Ocean County$787
Town of Berkeley$1,075
Berkeley average$5,442

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

Town median 46.3%
This home · 31.2%

23%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
11 OLSTINS CT2026-05$355,0001,63839.8%
9 WESTGATE CT2026-05$409,0001,72848.5%
265 CYPRESS DR2025-11$1,055,0001,87351.3%
13 CANARIES CT2025-08$490,0001,76234.4%
83 WOODSTOCK DR2025-06$384,0001,61545.6%
153 TORREY PINES DR2025-05$440,0001,72048.4%
5 TRENT DR2025-02$330,0001,61565.2%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
26 BELMONT AVE2025-05$467,5001,71250.3%
9 TEMPLETON ST2025-06$450,0001,65646.3%
38 BELMONT AVE2025-12$495,0001,73651.8%
210 CHELSEA AVE2025-06$515,0001,54846.4%

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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 →