The Fair Share Report

14 Roman 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

≈ $352,390

Likely range $295,852 – $418,794, 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 $352,390 home should be assessed near $186,591.

Step 3 · Assessed value

$171,000

Set at the last town-wide revaluation and mostly frozen since. That's $15,591 below what the ratio math suggests (8.4%).

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%

Step 5 · The bill

$4,429/yr
Public schools$2,074
Ocean County$995
Town of Berkeley$1,359
Berkeley average$5,442

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

Town median 46.3%
This home · 48.5%

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
10 SEVILLE PL2026-05$245,0001,53153.0%
13 COBHAM CT2025-06$412,0001,51429.3%
12 NELSON CT2026-01$420,0001,58044.4%
24 RUTLAND DR2026-04$339,0001,49439.2%
24 BIABOU DR2025-11$215,0001,55259.0%
3 SHAW CT2025-09$340,0001,49441.1%
253 WESTBROOK DR2025-02$382,4001,51434.1%
66 LIBERTA DR2025-12$409,9001,60853.3%
17 MONTREAL CT2025-07$399,0001,48444.5%
4 RUTLAND DR2026-05$315,0001,49438.8%
89 BRAKENBURY DR2025-08$285,0001,49456.8%
23 PORT ROYAL DR2025-10$365,0001,59256.0%

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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 →