The Fair Share Report

128 Barbuda St

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

≈ $294,371

Likely range $259,358 – $361,719, 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 $294,371 home should be assessed near $155,869.

Step 3 · Assessed value

$123,400

Set at the last town-wide revaluation and mostly frozen since. That's $32,469 below what the ratio math suggests (20.8%).

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%

This home's own bill implies $2.387 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,946/yr
Public schools$1,380
Ocean County$662
Town of Berkeley$904
Berkeley average$5,442

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

Town median 46.3%
This home · 41.9%

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
93 BARBADOS DR SOUTH2025-07$291,2501,26441.6%
555 JAMAICA BLVD2025-06$267,5001,26443.1%
8 KINSALE ST2025-05$250,0001,26463.3%
12 BAY BLVD2025-06$425,0001,23249.7%
78 FT DE FRANCE AVE2025-06$235,0001,23276.2%
235 BARBADOS DR NORTH2025-09$357,0001,26430.8%
97 LIBERTA DR2025-08$355,0001,26450.3%
156 GUADELOUPE DR2025-11$320,0001,32838.4%
7 LE DIAMANT ST2025-10$300,0001,26442.9%
2 TAJ MAHAL CT2026-03$264,0001,23244.7%
2 VAN GOGH ST2025-11$263,0001,23244.0%
30 ROMAN ST2025-01$289,9001,23240.6%

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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 →