The Fair Share Report

20 Aztec Ct

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

≈ $308,000

Likely range $264,000 – $330,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $308,000 home should be assessed near $163,086.

Step 3 · Assessed value

$187,000

Set at the last town-wide revaluation and mostly frozen since. That's $23,914 above what the ratio math suggests (14.7%).

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

$4,843/yr
Public schools$2,268
Ocean County$1,088
Town of Berkeley$1,487
Berkeley average$5,442

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

Town median 46.3%
This home · 60.7%

30%76%

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
778 JAMAICA BLVD2025-09$200,0001,23261.0%
8 ST KITTS DR2025-06$270,0001,23243.6%
3 MONTEGO ST2026-05$264,5001,23287.5%
32 HARRINGTON DR SOUTH2025-12$339,0001,23239.8%
9 PORT ROYAL DR2025-11$235,0001,23251.7%
36 GEORGETOWN DR2025-10$339,0001,23256.9%
493 ST THOMAS DR2025-05$318,5001,23223.2%
246 CHARLOTTEVILLE DR N2025-05$245,0001,23249.0%
60 BIABOU DR2026-05$320,0001,23235.3%
6 FALMOUTH ST2026-03$292,9001,23241.5%
2 TAJ MAHAL CT2026-03$264,0001,23244.7%
959 JAMAICA BLVD2026-03$440,0001,23230.5%

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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 →