The Fair Share Report

21 Bedford 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

≈ $281,298

Likely range $236,513 – $324,588, 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 $281,298 home should be assessed near $148,947.

Step 3 · Assessed value

$118,900

Set at the last town-wide revaluation and mostly frozen since. That's $30,047 below what the ratio math suggests (20.2%).

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

$3,080/yr
Public schools$1,442
Ocean County$692
Town of Berkeley$945
Berkeley average$5,442

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

Town median 46.3%
This home · 42.3%

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
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%
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%
80 WESTBROOK DR2025-09$220,0001,210104.4%
13 SHAW CT2026-02$291,0001,22945.5%
60 BIABOU DR2026-05$320,0001,23235.3%

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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 →