The Fair Share Report

17 Cambridge Ct

Berkeley, NJ 08757

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's full record →Check another house →

Good news — this home pays less than its share

Its assessment sits low relative to what homes like it actually sell for. An appeal would only invite a fresh look at a number working in the owner's favor.

Step 1 · Market value

≈ $270,748

Likely range $244,672 – $304,672, 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 $270,748 home should be assessed near $143,361.

Step 3 · Assessed value

$96,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,361 below what the ratio math suggests (33.0%).

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%

This home's own bill implies $2.330 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,236/yr

Public schools$1,047

Ocean County$503

Town of Berkeley$686

Berkeley average$5,442

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

Town median 46.3%

Appeal line 60.89%

This home · 35.5%

26%68%

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

Address	Sold	Price	Sq ft	Ratio
19 CAMBRIDGE CT	2026-06	$238,000	1,083	44.6%
1086 EDGEBROOK DR SOUTH	2026-03	$310,000	1,083	32.3%
34 CAMBRIDGE CT	2025-12	$284,900	1,083	37.1%
31 SOUTHAMPTON RD	2026-02	$255,000	1,079	39.3%
859 EDGEBROOK DR NORTH	2025-08	$253,500	1,088	44.2%
14 SUTHERLAND CT	2025-01	$300,000	1,088	52.3%
29 SHERWOOD LN	2026-02	$248,000	1,083	40.5%
1111 WATERBERRY CT SOUTH	2026-02	$299,000	1,083	35.9%
1 YORK CT	2025-12	$270,000	1,083	37.7%
1074 EDGEBROOK DR SOUTH	2026-04	$255,000	1,074	39.3%
6 STANFORD DR	2026-02	$220,000	1,091	48.5%
7 BONASSE ST	2025-04	$236,500	1,092	40.4%

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