The Fair Share Report

14 Augusta Ct

Berkeley, NJ 08757

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $304,035

Likely range $269,613 – $387,110, 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 $304,035 home should be assessed near $160,987.

Step 3 · Assessed value

$129,900

Set at the last town-wide revaluation and mostly frozen since. That's $31,087 below what the ratio math suggests (19.3%).

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

$3,364/yr
Public schools$1,576
Ocean County$756
Town of Berkeley$1,033
Berkeley average$5,442

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

Town median 46.3%
This home · 42.7%

28%68%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
16 PAVILION ST2025-11$335,0001,26434.4%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
397 BAYVIEW AVE2025-07$525,0001,24672.7%
211 BONAIRE DR2026-05$305,0001,26437.4%
2 PECHANGA ST2026-01$275,0001,23246.0%
8 LA TERRAZA DR2025-10$250,0001,23248.1%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
81 ENCINITAS DR2025-08$360,0001,23233.4%
7 LE DIAMANT ST2025-10$300,0001,26442.9%
54 GORGINIO DR2025-07$400,0001,23244.3%
54 GORGINIO DR2025-03$253,0001,23270.1%
3 MUIRHEAD ST2025-10$270,0001,23246.0%

Is this your house?

Run your own report →