The Fair Share Report

151 Westbrook Dr

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

≈ $343,675

Likely range $276,590 – $402,407, 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 $343,675 home should be assessed near $181,976.

Step 3 · Assessed value

$139,800

Set at the last town-wide revaluation and mostly frozen since. That's $42,176 below what the ratio math suggests (23.2%).

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

$3,621/yr
Public schools$1,696
Ocean County$814
Town of Berkeley$1,111
Berkeley average$5,442

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

Town median 46.3%
This home · 40.7%

29%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
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
111 LANGLEY CT2025-07$409,0001,31831.8%
143 WESTBROOK DR2025-06$290,0001,31839.9%
335 WESTERN BLVD2025-07$400,0001,32645.2%
1 SPANISH WELLS ST2026-05$285,0001,32843.9%
4 ROMAN ST2025-03$385,0001,32844.6%
48 NOSTRAND DR2025-11$399,0001,31854.2%
60 CARLISLE RD2025-04$340,0001,31836.1%
410 JAMAICA BLVD2025-10$379,9001,30442.7%
10 MARATHON ST2026-01$320,0001,32839.0%
15 BIMINI DR2026-01$255,0001,32845.6%
30 MARACAIBO PL2025-10$350,0001,32854.3%

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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 →