The Fair Share Report

11 Westbrook 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

≈ $259,163

Likely range $198,617 – $291,226, 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 $259,163 home should be assessed near $137,227.

Step 3 · Assessed value

$100,000

Set at the last town-wide revaluation and mostly frozen since. That's $37,227 below what the ratio math suggests (27.1%).

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

$2,590/yr
Public schools$1,213
Ocean County$582
Town of Berkeley$795
Berkeley average$5,442

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

Town median 46.3%
This home · 38.6%

29%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
36 TORTOLA ST2026-05$255,0001,12443.7%
166 HARRINGTON DR NORTH2025-04$289,9001,12450.1%
11 FALMOUTH ST2025-02$210,0001,12465.4%
35 WESTBROOK DR2025-10$140,0001,14076.4%
110 GEORGETOWN RD2025-03$265,0001,13540.4%
40 MONTSERRAT ST2025-01$280,0001,12442.4%
90 WESTBROOK DR2026-01$350,0001,09128.1%
69 ETON RD2025-05$287,7501,09138.6%
83 ETON RD2025-01$252,5001,09142.5%
25 WILLOUGHBY CT2025-01$278,0001,13941.7%
54 TORTOLA ST2025-04$280,0001,12439.6%
1 HAMPSHIRE RD2026-05$315,0001,12133.7%

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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 →