The Fair Share Report

18 Maison Way

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

≈ $318,404

Likely range $290,967 – $357,094, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,364 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 $318,404 home should be assessed near $168,595.

Step 3 · Assessed value

$170,100

Set at the last town-wide revaluation and mostly frozen since. That's $1,505 above what the ratio math suggests (0.9%).

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

$4,406/yr
Public schools$2,063
Ocean County$990
Town of Berkeley$1,352
Berkeley average$5,442

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

Town median 46.3%
This home · 53.4%

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
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
6 GRAMERCY CT2025-03$365,0001,36442.6%
24 SELKIRK AVE2025-09$340,0001,36437.1%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
1 ALBONITO DR2025-12$250,0001,32850.0%
246 CABRILLO BLVD2025-10$345,0001,36435.6%
72 NARBERTH WAY2026-02$380,0001,356236.6%
72 NARBERTH WAY2025-04$355,0001,356253.2%
23 BURLINGTON CT2025-08$326,1311,36053.4%
16 LEIGHTON CT2025-01$290,0001,44055.9%
10 LITTLETON RD2025-11$299,5001,4044.8%

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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 →