The Fair Share Report

18 Leighton Ct

Berkeley, NJ 08753

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

≈ $320,000

Likely range $298,800 – $380,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,440 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 $320,000 home should be assessed near $169,440.

Step 3 · Assessed value

$194,600

Set at the last town-wide revaluation and mostly frozen since. That's $25,160 above what the ratio math suggests (14.8%).

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 $1.969 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$3,832/yr
Public schools$1,795
Ocean County$861
Town of Berkeley$1,176
Berkeley average$5,442

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

Town median 46.3%
This home · 60.8%

30%71%

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
57 SANTIAGO CT2026-04$300,0001,44042.6%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
22 MADRAS CT2026-01$320,0001,44039.0%
7 ALPINA TER2025-10$285,0001,44050.2%
96 CHESTERFIELD LN2025-09$380,0001,44043.5%
42 PULASKI BLVD2025-07$298,8001,44046.4%
8 CHOPIN CT2025-02$335,0001,44048.2%
16 LEIGHTON CT2025-01$290,0001,44055.9%
124 SAN CARLOS ST2025-02$450,0001,44836.8%
10 POINT BLANCHE CT2026-05$472,5001,44041.8%
11 TAMPA LN2026-01$310,0001,44044.4%

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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 →