The Fair Share Report

226 Westbrook Dr

Berkeley, NJ 07075

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

≈ $262,768

Likely range $237,123 – $323,746, 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 $262,768 home should be assessed near $139,136.

Step 3 · Assessed value

$112,900

Set at the last town-wide revaluation and mostly frozen since. That's $26,236 below what the ratio math suggests (18.9%).

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

$2,924/yr
Public schools$1,369
Ocean County$657
Town of Berkeley$898
Berkeley average$5,442

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

Town median 46.3%
This home · 43.0%

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
38 ETON RD2026-03$265,0001,20143.5%
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%
2 VAN GOGH ST2025-11$263,0001,23244.0%
16 ELDORADO ST2025-08$325,0001,23239.5%
124 NORTHUMBERLAND DR2026-03$190,0001,13950.0%
13 SHAW CT2026-02$291,0001,22945.5%
29 CARLISLE RD2025-02$210,0001,14168.2%
7 SANTA FE CT2025-08$245,0001,23247.6%
26 MARACAIBO PL2025-02$326,0001,23238.2%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%
38 MARQUIS ST2026-01$270,0001,23244.0%

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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 →