The Fair Share Report

170 Castleton 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

≈ $370,000

Likely range $335,000 – $434,900, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,514 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 $370,000 home should be assessed near $195,915.

Step 3 · Assessed value

$129,800

Set at the last town-wide revaluation and mostly frozen since. That's $66,115 below what the ratio math suggests (33.7%).

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

$3,362/yr
Public schools$1,574
Ocean County$755
Town of Berkeley$1,032
Berkeley average$5,442

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

Town median 46.3%
This home · 35.1%

24%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
105 CASTLETON DR2025-12$330,0001,51438.7%
9 HARMONY RD2025-11$390,0001,51432.7%
61 OAKFIELD RD2025-10$335,0001,51438.0%
OCEAN & 22ND AVE2025-04$807,5001,50455.1%
75 WHITMORE DR2025-09$530,0001,51441.4%
6 WESTPORT DR2025-08$280,0001,51447.8%
44 WESTPORT DR2025-09$365,0001,51435.5%
103 SHEEPSHEAD DR2025-03$434,9001,51431.7%
23 ZEELAND DR2025-11$400,0001,51439.2%
15 BEAVERBROOK DR2025-08$335,0001,51437.3%
6 FAIRFIELD RD2025-02$277,5001,49445.4%
15 MAPLETON RD2025-05$355,0001,51436.6%

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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 →