The Fair Share Report

116 Worth Rd

Berkeley, NJ 08721

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

≈ $679,609

Likely range $563,333 – $715,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 2,171 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 $679,609 home should be assessed near $359,853.

Step 3 · Assessed value

$306,200

Set at the last town-wide revaluation and mostly frozen since. That's $53,653 below what the ratio math suggests (14.9%).

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

$7,931/yr
Public schools$3,714
Ocean County$1,782
Town of Berkeley$2,434
Berkeley average$5,442

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

Town median 46.3%
This home · 45.1%

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
12 BRENTWOOD DR2025-02$580,0002,06150.2%
281 EVERGREEN DR2026-04$1,200,0002,23747.1%
63 ANCHORAGE BLVD2025-07$775,0002,27058.1%
70 BRIDLE PATH2025-06$689,0002,20145.9%
51 AMHERST DR2025-08$950,0002,40056.2%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
15 BRENTWOOD DR2025-12$710,0002,22144.6%
1095 BAYVIEW AVE2025-05$750,0002,47653.5%
12 BRIDLE PATH2025-09$715,0002,20148.4%

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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 →