The Fair Share Report

19 Barbuda St

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

≈ $286,937

Likely range $255,000 – $315,229, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,124 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 $286,937 home should be assessed near $151,933.

Step 3 · Assessed value

$168,100

Set at the last town-wide revaluation and mostly frozen since. That's $16,167 above what the ratio math suggests (10.6%).

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

$4,354/yr
Public schools$2,039
Ocean County$978
Town of Berkeley$1,336
Berkeley average$5,442

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

Town median 46.3%
This home · 58.6%

30%71%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
324 ST THOMAS DR2026-06$339,0001,12451.2%
332 CURACAO ST2025-08$165,0001,12484.1%
22 MARGARITA ST2025-08$375,0001,12445.5%
30 SHERWOOD LN2025-09$219,9001,12748.0%
7 NORWICH DR2025-01$259,9001,11340.3%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
40 MONTSERRAT ST2025-01$280,0001,12442.4%
10 WOODBURY CT2025-11$235,0001,13646.0%
36 TORTOLA ST2026-05$255,0001,12443.7%
166 HARRINGTON DR NORTH2025-04$289,9001,12450.1%
1101 WATERBERRY CT SOUTH2025-10$309,9001,10537.4%

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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 →