The Fair Share Report

184 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

≈ $340,000

Likely range $296,037 – $406,557, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,494 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 $340,000 home should be assessed near $180,030.

Step 3 · Assessed value

$144,700

Set at the last town-wide revaluation and mostly frozen since. That's $35,330 below what the ratio math suggests (19.6%).

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

$3,748/yr
Public schools$1,755
Ocean County$842
Town of Berkeley$1,150
Berkeley average$5,442

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

Town median 46.3%
This home · 42.6%

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
3 SHAW CT2025-09$340,0001,49441.1%
4 RUTLAND DR2026-05$315,0001,49438.8%
89 BRAKENBURY DR2025-08$285,0001,49456.8%
24 RUTLAND DR2026-04$339,0001,49439.2%
13 COBHAM CT2025-06$412,0001,51429.3%
17 MONTREAL CT2025-07$399,0001,48444.5%
223 WESTBROOK DR2025-06$411,0001,49434.5%
30 NOSTRAND DR2025-10$434,9001,49445.6%
53 WHITAKER DR2025-10$435,0001,49435.0%
10 NORFOLK DR2025-02$300,0001,51463.5%
57 DREYFUS CT2025-04$375,0001,49445.4%
157 GUADELOUPE DR2025-04$340,0001,48439.6%

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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 →