The Fair Share Report

22 Salisbury 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

≈ $313,287

Likely range $273,976 – $354,171, 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 $313,287 home should be assessed near $165,885.

Step 3 · Assessed value

$133,200

Set at the last town-wide revaluation and mostly frozen since. That's $32,685 below what the ratio math suggests (19.7%).

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

$3,450/yr
Public schools$1,616
Ocean County$775
Town of Berkeley$1,059
Berkeley average$5,442

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

Town median 46.3%
This home · 42.5%

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
111 LANGLEY CT2025-07$409,0001,31831.8%
143 WESTBROOK DR2025-06$290,0001,31839.9%
49 ETON RD2026-05$315,2001,31838.0%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
4 ROMAN ST2025-03$385,0001,32844.6%
77 WESTBROOK DR2025-08$405,0001,31845.6%
41 ETON RD2025-07$343,5001,33835.2%
60 CARLISLE RD2025-04$340,0001,31836.1%
6 COVENTRY RD2025-09$240,0001,34047.3%
8 NEWCASTLE CT2025-09$249,0001,32848.4%
162 HARRINGTON DR NORTH2026-02$295,0001,32840.9%
10 MARATHON ST2026-01$320,0001,32839.0%

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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 →