The Fair Share Report

13 Gower Rd

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

≈ $256,528

Likely range $217,210 – $355,636, 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 $256,528 home should be assessed near $135,832.

Step 3 · Assessed value

$91,800

Set at the last town-wide revaluation and mostly frozen since. That's $44,032 below what the ratio math suggests (32.4%).

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 $2.318 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,128/yr
Public schools$996
Ocean County$478
Town of Berkeley$653
Berkeley average$5,442

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

Town median 46.3%
This home · 35.8%

20%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
9 CARLISLE RD2026-05$220,0001,05945.1%
80 BRAKENBURY DR2025-07$225,0001,059244.4%
18 NORTHUMBERLAND DR2025-10$400,0001,06926.7%
18 NORTHUMBERLAND DR2025-06$212,5001,06950.3%
189 WESTBROOK DR2025-05$285,0001,07440.4%
75 BRAKENBURY DR2025-01$226,0001,07461.0%
108 GEORGETOWN RD2025-03$339,9001,05930.4%
90 WESTBROOK DR2026-01$350,0001,09128.1%
69 ETON RD2025-05$287,7501,09138.6%
83 ETON RD2025-01$252,5001,09142.5%
88 WESTBROOK DR2025-04$285,0001,03147.8%
24 HAMPSHIRE RD2025-12$240,0001,08844.0%

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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 →