The Fair Share Report

23 St David Dr

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

≈ $240,000

Likely range $229,000 – $276,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,092 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 $240,000 home should be assessed near $127,080.

Step 3 · Assessed value

$125,100

Set at the last town-wide revaluation and mostly frozen since. That's $1,980 below what the ratio math suggests (1.6%).

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

$3,240/yr
Public schools$1,517
Ocean County$728
Town of Berkeley$995
Berkeley average$5,442

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

Town median 46.3%
This home · 52.1%

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
192 CHARLOTTEVILLE DR S2026-01$245,0001,09245.2%
116 GUADELOUPE DR2025-12$245,0001,09241.0%
458 JAMAICA BLVD2025-10$239,0001,09243.5%
7 FREDERIKSTED ST2025-03$222,2221,09262.3%
11 MARGARITA ST2026-04$285,0001,09235.8%
455 ST THOMAS DR2025-08$250,0001,09246.4%
36 ST CROIX ST2025-06$335,0001,09247.0%
23 ANGUILLA LN2025-06$276,0001,09238.6%
434 ST THOMAS DR2025-04$229,0001,09266.5%
495 JAMAICA BLVD2025-11$197,0001,09249.6%
339 CURACAO ST2025-10$225,0001,09245.0%
53 BARBADOS DR SOUTH2026-01$237,5001,09245.8%

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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 →