The Fair Share Report

13 Millbrook Ct

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

≈ $265,643

Likely range $238,388 – $284,037, from 12 comparable Berkeley sales in the past 18 months, at this home's 985 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 $265,643 home should be assessed near $140,658.

Step 3 · Assessed value

$128,400

Set at the last town-wide revaluation and mostly frozen since. That's $12,258 below what the ratio math suggests (8.7%).

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 $2.395 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,076/yr
Public schools$1,440
Ocean County$691
Town of Berkeley$944
Berkeley average$5,442

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

Town median 46.3%
This home · 48.3%

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
3 CALDWELL DR2026-03$279,00097146.3%
3 BASSET CT2025-01$290,0001,03134.3%
63 BRAKENBURY DR2026-04$265,00097135.8%
10 SURREY CT2025-02$295,00098534.5%
100 SUNSET DR NORTH #112025-02$510,00095036.7%
38 NORTHUMBERLAND DR2025-12$200,00099050.3%
120 RODHOS ST2025-07$294,5001,09235.6%
57 ETON RD2026-04$280,00097136.1%
18 BOLINGBROKE DR2025-01$235,00097162.7%
23 ETON RD2025-03$225,00097155.8%
125 RODHOS ST2026-04$270,0001,03440.1%
32 BUGLE CT2025-07$265,0001,12149.9%

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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 →