The Fair Share Report

159 Freeport Blvd

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

≈ $300,986

Likely range $258,777 – $343,196, 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 $300,986 home should be assessed near $159,372.

Step 3 · Assessed value

$124,400

Set at the last town-wide revaluation and mostly frozen since. That's $34,972 below what the ratio math suggests (21.9%).

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

$3,222/yr
Public schools$1,509
Ocean County$724
Town of Berkeley$989
Berkeley average$5,442

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

Town median 46.3%
This home · 41.3%

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
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
6 SPEIGHSTOWN PL2026-06$295,0001,23240.2%
115 SAN CARLOS ST2026-05$360,0001,23246.7%
73 SAN CARLOS ST2026-05$330,0001,23236.5%
24 SANTIAGO DR WEST2026-03$267,0001,23246.1%
18 CAMROSE ST2026-01$230,0001,23251.6%
20 PARADISE BLVD2026-01$290,0001,23242.3%
127 SAN CARLOS ST2026-01$260,0001,23246.4%
201 FREEPORT BLVD2025-11$319,9001,23238.7%
91 SAN CARLOS ST2025-08$295,0001,23241.5%
177 FREEPORT BLVD2025-07$330,0001,23236.5%
231 ORLANDO BLVD2025-07$245,0001,23265.8%

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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 →