The Fair Share Report

17 Corinth Pl

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

≈ $312,691

Likely range $261,274 – $335,073, 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 $312,691 home should be assessed near $165,570.

Step 3 · Assessed value

$125,000

Set at the last town-wide revaluation and mostly frozen since. That's $40,570 below what the ratio math suggests (24.5%).

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

$3,238/yr
Public schools$1,516
Ocean County$728
Town of Berkeley$994
Berkeley average$5,442

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

Town median 46.3%
This home · 40.0%

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
214 HARRINGTON DR NORTH2025-12$355,0001,24650.0%
20 LIBERTA DR2025-08$280,0001,23243.0%
30 ELDORADO ST2025-05$324,0001,23237.2%
60 BIABOU DR2026-05$320,0001,23235.3%
959 JAMAICA BLVD2026-03$440,0001,23230.5%
861 JAMAICA BLVD2025-11$308,0001,23242.4%
107 BONAIRE DR2025-05$290,0001,23240.8%
120 BIABOU DR2025-04$378,4501,23231.0%
2 VAN GOGH ST2025-11$263,0001,23244.0%
260 PORT ROYAL DR2026-06$212,5001,23256.2%
47 HYANNIS ST2026-01$310,0001,23237.9%
200 PORT ROYAL DR2025-09$250,0001,23249.5%

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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 →