The Fair Share Report

22 Ashcroft Ln

Berkeley, NJ 07083

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

≈ $319,154

Likely range $291,096 – $390,424, 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 $319,154 home should be assessed near $168,992.

Step 3 · Assessed value

$151,200

Set at the last town-wide revaluation and mostly frozen since. That's $17,792 below what the ratio math suggests (10.5%).

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

$3,916/yr
Public schools$1,834
Ocean County$880
Town of Berkeley$1,202
Berkeley average$5,442

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

Town median 46.3%
This home · 47.4%

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
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
22 MADRAS CT2026-01$320,0001,44039.0%
24 SELKIRK AVE2025-09$340,0001,36437.1%
8 CHOPIN CT2025-02$335,0001,44048.2%
41 STOCKPORT DR2025-06$380,0001,44660.3%
6 GRAMERCY CT2025-03$365,0001,36442.6%
16 LEIGHTON CT2025-01$290,0001,44055.9%
2 LUMSDEN ST2025-06$290,0001,44063.9%
11 TAMPA LN2026-01$310,0001,44044.4%
5 RODHOS ST2026-03$425,0001,44049.1%

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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 →