The Fair Share Report

17 Bennington Dr

Berkeley, NJ 07066

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

≈ $302,979

Likely range $271,401 – $314,348, 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 $302,979 home should be assessed near $160,427.

Step 3 · Assessed value

$99,900

Set at the last town-wide revaluation and mostly frozen since. That's $60,527 below what the ratio math suggests (37.7%).

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

$2,587/yr
Public schools$1,212
Ocean County$581
Town of Berkeley$794
Berkeley average$5,442

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

Town median 46.3%
This home · 33.0%

26%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
15 BROOKFIELD CT2026-02$260,0001,11742.2%
61 YARDARM CT2026-03$800,0001,08543.6%
66 WINDJAMMER CT2025-10$530,0001,08565.0%
15 FAIRFIELD RD2025-07$325,0001,15336.0%
11 LA TERRAZA DR2026-02$275,0001,09255.4%
30 ZEELAND DR2025-07$185,0001,15387.0%
27 OAKFIELD RD2025-03$315,0001,15344.3%
8 REDLANDS CT2026-04$280,0001,12443.4%
37 ZEELAND DR2026-05$292,0001,15332.5%
12 JERICHO RD2025-10$260,0001,15342.2%
8 BASSET DR2025-07$300,0001,09134.3%
72 MILLBROOK DR2025-08$314,9001,13144.1%

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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 →