The Fair Share Report

183 Westbrook 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

≈ $330,242

Likely range $283,051 – $430,786, 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 $330,242 home should be assessed near $174,863.

Step 3 · Assessed value

$149,800

Set at the last town-wide revaluation and mostly frozen since. That's $25,063 below what the ratio math suggests (14.3%).

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 $2.423 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,630/yr
Public schools$1,700
Ocean County$816
Town of Berkeley$1,114
Berkeley average$5,442

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

Town median 46.3%
This home · 45.4%

29%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
12 ELY CT2025-09$292,0001,36641.4%
6 COVENTRY RD2025-09$240,0001,34047.3%
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
33 PIROGUE ST2026-03$255,0001,36447.0%
4 ROMAN ST2025-03$385,0001,32844.6%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
340 BARBADOS DR NORTH2025-10$330,0001,36438.9%
384 BARBADOS DR NORTH2025-05$307,5001,36439.8%
56 MILLBROOK DR2025-10$477,0001,36031.4%

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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 →