The Fair Share Report

16 Down Ct

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

≈ $337,326

Likely range $299,971 – $410,101, 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 $337,326 home should be assessed near $178,614.

Step 3 · Assessed value

$156,400

Set at the last town-wide revaluation and mostly frozen since. That's $22,214 below what the ratio math suggests (12.4%).

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

$4,051/yr
Public schools$1,897
Ocean County$910
Town of Berkeley$1,243
Berkeley average$5,442

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

Town median 46.3%
This home · 46.4%

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
145 PORT ROYAL DR2025-04$335,0001,44041.0%
157 GUADELOUPE DR2025-04$340,0001,48439.6%
89 BRAKENBURY DR2025-08$285,0001,49456.8%
12 LONGPORT AVE2025-11$715,0001,45249.0%
3 SHAW CT2025-09$340,0001,49441.1%
5 RODHOS ST2026-03$425,0001,44049.1%
223 WESTBROOK DR2025-06$411,0001,49434.5%
20 MARATHON ST2025-09$299,0001,44043.0%
757 JAMAICA BLVD2025-05$452,0001,44030.2%
4 RUTLAND DR2026-05$315,0001,49438.8%
24 RUTLAND DR2026-04$339,0001,49439.2%
17 MONTREAL CT2025-07$399,0001,48444.5%

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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 →