The Fair Share Report

111 Edinburgh 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

≈ $298,242

Likely range $249,763 – $311,690, 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 $298,242 home should be assessed near $157,919.

Step 3 · Assessed value

$99,000

Set at the last town-wide revaluation and mostly frozen since. That's $58,919 below what the ratio math suggests (37.3%).

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

$2,564/yr
Public schools$1,201
Ocean County$576
Town of Berkeley$787
Berkeley average$5,442

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

Town median 46.3%
This home · 33.2%

26%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
1101 WATERBERRY CT SOUTH2025-10$309,9001,10537.4%
7 NORWICH DR2025-01$259,9001,11340.3%
35 CHARLOTTEVILLE DR S2026-04$349,9001,0925.8%
14 ST PIERRI CT2026-03$295,0001,09234.9%
53 BARBADOS DR SOUTH2026-01$237,5001,09245.8%
615 JAMAICA BLVD2025-05$360,0001,0926.3%
7 BONASSE ST2025-04$236,5001,09240.4%
27 GUADELOUPE DR2025-03$300,0001,09236.9%
6 STANFORD DR2026-02$220,0001,09148.5%
259 KELLER ST2025-10$390,0001,12053.5%
859 EDGEBROOK DR NORTH2025-08$253,5001,08844.2%
14 SUTHERLAND CT2025-01$300,0001,08852.3%

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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 →