The Fair Share Report

16 Encinitas 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

≈ $334,500

Likely range $250,000 – $440,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 sq ft.

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 $334,500 home should be assessed near $177,118.

Step 3 · Assessed value

$157,500

Set at the last town-wide revaluation and mostly frozen since. That's $19,618 below what the ratio math suggests (11.1%).

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

$4,079/yr
Public schools$1,910
Ocean County$917
Town of Berkeley$1,252
Berkeley average$5,442

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

Town median 46.3%
This home · 47.1%

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
8 AUGUSTA CT2026-01$290,0001,32843.0%
205 TORREY PINES DR2025-09$375,0001,32833.7%
9 MORONGO CT2026-03$338,0001,32835.7%
4 BEAUMONT CT2025-02$440,0001,32828.1%
94 TROUMAKA ST2025-08$187,0001,32869.0%
31 MILLBROOK CT2026-06$320,0001,36048.3%
55 WHITMORE DR2026-01$363,0001,32740.7%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
94 HYANNIS ST2025-02$220,0001,32881.6%
367 PORT ROYAL DR2026-01$187,5001,36465.8%
221 ORLANDO BLVD2026-06$250,0001,32849.0%
15 ROXTON PL2025-11$250,0001,32849.8%

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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 →