The Fair Share Report

23 Linstead 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

≈ $370,000

Likely range $300,000 – $410,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,440 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 $370,000 home should be assessed near $195,915.

Step 3 · Assessed value

$131,800

Set at the last town-wide revaluation and mostly frozen since. That's $64,115 below what the ratio math suggests (32.7%).

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

$3,414/yr
Public schools$1,599
Ocean County$767
Town of Berkeley$1,048
Berkeley average$5,442

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

Town median 46.3%
This home · 35.6%

27%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
10 POINT BLANCHE CT2026-05$472,5001,44041.8%
4 FLAMINGO WAY2025-08$299,0001,44044.9%
7 ALPINA TER2025-10$285,0001,44050.2%
12 TOGO RD2025-08$385,0001,44050.1%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
57 SANTIAGO CT2026-04$300,0001,44042.6%
15 REDHOOK BAY DR2025-01$430,0001,44031.9%
16 MAYAQUEZ LN2025-05$410,0001,44033.0%
70 INNSBRUCK DR2025-11$295,0001,44045.7%
96 CHESTERFIELD LN2025-09$380,0001,44043.5%

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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 →