The Fair Share Report

17 Killington Rd

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

≈ $301,100

Likely range $275,755 – $649,279, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,095 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 $301,100 home should be assessed near $159,432.

Step 3 · Assessed value

$195,500

Set at the last town-wide revaluation and mostly frozen since. That's $36,068 above what the ratio math suggests (22.6%).

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

$5,063/yr
Public schools$2,371
Ocean County$1,138
Town of Berkeley$1,554
Berkeley average$5,442

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

Town median 46.3%
This home · 64.9%

25%76%

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
51 GOOD LUCK DRIVE2026-04$940,0001,05625.5%
257 SANDLEWOOD DR2026-03$740,0001,24848.6%
61 YARDARM CT2026-03$800,0001,08543.6%
66 WINDJAMMER CT2025-10$530,0001,08565.0%
15 BROOKFIELD CT2026-02$260,0001,11742.2%
11 LA TERRAZA DR2026-02$275,0001,09255.4%
12 JERICHO RD2025-10$260,0001,15342.2%
71 CHESTERFIELD LN2026-01$311,0001,13546.2%
27 OAKFIELD RD2025-03$315,0001,15344.3%
38 LA DUNETTE DR2025-01$285,0001,12438.8%
8 BASSET DR2025-07$300,0001,09134.3%
138 SPOONBILL HOLLOW2025-05$290,0001,22066.2%

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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 →