The Fair Share Report

122 Castleton 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

≈ $365,057

Likely range $288,115 – $681,488, 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 $365,057 home should be assessed near $193,298.

Step 3 · Assessed value

$129,100

Set at the last town-wide revaluation and mostly frozen since. That's $64,198 below what the ratio math suggests (33.2%).

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

$3,344/yr
Public schools$1,566
Ocean County$751
Town of Berkeley$1,026
Berkeley average$5,442

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

Town median 46.3%
This home · 35.4%

13%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
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
91 WINDJAMMER CT2025-08$650,0001,32053.5%
72 STORM JIB CT2025-07$595,0001,32065.9%
78 TROUMAKA ST2025-08$246,0001,32851.7%
48 WHITAKER DR2026-04$410,0001,31851.5%
52 ORLANDO BLVD2025-12$255,0001,29248.7%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
236 CABRILLO BLVD2026-02$350,0001,23251.9%
2108 CENTRAL AVE 102025-08$649,0001,22542.9%
397 BAYVIEW AVE2025-07$525,0001,24672.7%
11 WHITAKER DR2025-12$370,0001,31841.2%

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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 →