The Fair Share Report

20 Edinburgh 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

≈ $240,517

Likely range $220,436 – $270,436, 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 $240,517 home should be assessed near $127,354.

Step 3 · Assessed value

$83,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,554 below what the ratio math suggests (34.2%).

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

$2,170/yr
Public schools$1,016
Ocean County$488
Town of Berkeley$666
Berkeley average$5,442

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

Town median 46.3%
This home · 34.8%

26%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
15 BRIAN CT2025-04$227,5001,03163.6%
1046 EDGEBROOK DR EAST2026-03$215,0001,03146.3%
1042 EDGEBROOK DR EAST2025-03$245,0001,03142.1%
4 CHANCELLOR CT2025-11$249,00097136.6%
9 HAMILTON CT2026-04$225,00097145.7%
28 STANFORD CT EAST2025-10$324,90097132.1%
11 SHERWOOD CT2025-10$280,0001,06737.8%
88 WESTBROOK DR2025-04$285,0001,03147.8%
859 EDGEBROOK DR NORTH2025-08$253,5001,08844.2%
19 CAMBRIDGE CT2026-06$238,0001,08344.6%
38 NORTHUMBERLAND DR2025-12$200,00099050.3%
1074 EDGEBROOK DR SOUTH2026-04$255,0001,07439.3%

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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 →