The Fair Share Report

237 Westbrook 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

≈ $334,180

Likely range $268,519 – $436,182, 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 $334,180 home should be assessed near $176,948.

Step 3 · Assessed value

$145,100

Set at the last town-wide revaluation and mostly frozen since. That's $31,848 below what the ratio math suggests (18.0%).

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%

This home's own bill implies $2.245 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,258/yr
Public schools$1,526
Ocean County$732
Town of Berkeley$1,000
Berkeley average$5,442

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

Town median 46.3%
This home · 43.4%

28%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
26 NOSTRAND DR2026-05$285,0001,40452.3%
41 NOSTRAND DR2026-05$305,0001,40450.5%
266 WESTBROOK DR2025-11$315,0001,40447.8%
33 PIROGUE ST2026-03$255,0001,36447.0%
56 MILLBROOK DR2025-10$477,0001,36031.4%
33 WHITMORE DR2026-03$255,0001,34051.8%
14 EDGEWATER DR2025-10$350,0001,40443.6%
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
2 ST ANDREWS CT2025-01$275,0001,36446.3%
79 TOP SAIL CT2025-10$775,0001,36639.4%

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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 →