The Fair Share Report

21 Quail Run

Berkeley, NJ 08753

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

≈ $358,159

Likely range $329,180 – $414,361, 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 $358,159 home should be assessed near $189,645.

Step 3 · Assessed value

$170,400

Set at the last town-wide revaluation and mostly frozen since. That's $19,245 below what the ratio math suggests (10.1%).

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

$4,413/yr
Public schools$2,067
Ocean County$992
Town of Berkeley$1,355
Berkeley average$5,442

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

Town median 46.3%
This home · 47.6%

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
458 WOODHAVEN BLVD SE2026-05$335,0001,48066.3%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%
58 TRENT DR2025-06$355,0001,46145.2%
2 WYCOMBE CT2025-06$355,0001,46150.3%
40 PRINCE CHARLES DR2025-10$398,0001,44643.6%
75 SLOOP CREEK RD2025-11$470,0001,47847.7%
199 CANTERBURY LN2025-08$290,0001,44153.5%
61 WESTPORT DR2026-03$340,0001,51477.0%
1 MAPLETON RD2025-07$510,0001,51426.1%
15 MAPLETON RD2025-05$355,0001,51436.6%
32 KINKORA CT WEST2025-09$380,0001,44633.6%

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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 →