The Fair Share Report

13 Abaco 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

≈ $312,963

Likely range $270,308 – $364,518, 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 $312,963 home should be assessed near $165,714.

Step 3 · Assessed value

$131,100

Set at the last town-wide revaluation and mostly frozen since. That's $34,614 below what the ratio math suggests (20.9%).

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

$3,395/yr
Public schools$1,590
Ocean County$763
Town of Berkeley$1,042
Berkeley average$5,442

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

Town median 46.3%
This home · 41.9%

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
97 LIBERTA DR2025-08$355,0001,26450.3%
7 LE DIAMANT ST2025-10$300,0001,26442.9%
80 ETON RD2025-06$380,0001,31849.4%
235 BARBADOS DR NORTH2025-09$357,0001,26430.8%
211 BONAIRE DR2026-05$305,0001,26437.4%
1 SPANISH WELLS ST2026-05$285,0001,32843.9%
30 MARACAIBO PL2025-10$350,0001,32854.3%
16 PAVILION ST2025-11$335,0001,26434.4%
94 HYANNIS ST2025-02$220,0001,32881.6%
15 ST EUSTATIUS ST2025-11$245,0001,32846.6%
8 NEWCASTLE CT2025-09$249,0001,32848.4%
156 GUADELOUPE DR2025-11$320,0001,32838.4%

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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 →