The Fair Share Report

21 Eton Rd

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

≈ $329,549

Likely range $286,445 – $417,675, 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 $329,549 home should be assessed near $174,496.

Step 3 · Assessed value

$144,500

Set at the last town-wide revaluation and mostly frozen since. That's $29,996 below what the ratio math suggests (17.2%).

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

$3,743/yr
Public schools$1,753
Ocean County$841
Town of Berkeley$1,149
Berkeley average$5,442

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

Town median 46.3%
This home · 43.8%

29%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
12 ELY CT2025-09$292,0001,36641.4%
41 ETON RD2025-07$343,5001,33835.2%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
77 WESTBROOK DR2025-08$405,0001,31845.6%
6 COVENTRY RD2025-09$240,0001,34047.3%
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
33 PIROGUE ST2026-03$255,0001,36447.0%
49 ETON RD2026-05$315,2001,31838.0%
4 ROMAN ST2025-03$385,0001,32844.6%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%

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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 →