The Fair Share Report

21 Prado 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

≈ $356,013

Likely range $325,000 – $386,752, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,545 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 $356,013 home should be assessed near $188,509.

Step 3 · Assessed value

$155,800

Set at the last town-wide revaluation and mostly frozen since. That's $32,709 below what the ratio math suggests (17.4%).

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

$4,035/yr
Public schools$1,890
Ocean County$907
Town of Berkeley$1,239
Berkeley average$5,442

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

Town median 46.3%
This home · 43.8%

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
5 PRINCE CHARLES DR2026-05$383,9991,54547.9%
53 STOCKPORT DR2025-07$410,0001,54545.1%
155 CANTERBURY LN2025-05$325,0001,54556.2%
49 STOCKPORT DR2026-02$375,0001,54548.7%
180 SYLVAN LAKE BLVD2025-08$385,0001,53849.2%
195 CANTERBURY LN2025-06$365,0001,58450.9%
59 TRENT DR2025-05$355,0001,50250.3%
1 MAPLETON RD2025-07$510,0001,51426.1%
304 JAMAICA BLVD2025-07$352,5001,54543.1%
8 STOCKPORT DR2025-12$330,0001,60149.4%
66 PARADISE BLVD2025-10$240,0001,60155.4%
104 PARADISE BLVD2025-07$280,0001,60169.4%

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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 →