The Fair Share Report

159 Davenport 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

≈ $303,840

Likely range $248,858 – $359,992, 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 $303,840 home should be assessed near $160,883.

Step 3 · Assessed value

$139,200

Set at the last town-wide revaluation and mostly frozen since. That's $21,683 below what the ratio math suggests (13.5%).

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

$3,605/yr
Public schools$1,688
Ocean County$810
Town of Berkeley$1,107
Berkeley average$5,442

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

Town median 46.3%
This home · 45.8%

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
78 TROUMAKA ST2025-08$246,0001,32851.7%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
127 TROUMAKA ST2026-06$250,0001,36447.1%
73 SHEEPSHEAD DR2025-09$307,0001,36050.3%
73 WHITMORE DR2025-08$355,0001,36042.6%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
23 AUBURN RD2025-08$385,0001,36032.4%
79 TOP SAIL CT2025-10$775,0001,36639.4%
23 BURLINGTON CT2025-08$326,1311,36053.4%
5 SHEEPSHEAD DR2026-05$440,0001,34033.7%

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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 →