The Fair Share Report

24 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

≈ $288,728

Likely range $265,000 – $329,695, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,135 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 $288,728 home should be assessed near $152,881.

Step 3 · Assessed value

$106,100

Set at the last town-wide revaluation and mostly frozen since. That's $46,781 below what the ratio math suggests (30.6%).

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

$2,748/yr
Public schools$1,287
Ocean County$618
Town of Berkeley$843
Berkeley average$5,442

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

Town median 46.3%
This home · 36.7%

27%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
135 NORTHUMBERLAND DR2026-04$335,0001,13931.1%
8 BRAKENBURY CT2025-07$325,0001,14040.0%
9 GOWER RD2025-10$279,0001,14140.0%
68 WESTBROOK DR2025-07$350,0001,14040.4%
29 CARLISLE RD2025-02$210,0001,14168.2%
110 GEORGETOWN RD2025-03$265,0001,13540.4%
124 NORTHUMBERLAND DR2026-03$190,0001,13950.0%
25 WILLOUGHBY CT2025-01$278,0001,13941.7%
3 BONAIRE DR2025-08$217,0001,12469.0%
22 DOWN CT2026-04$330,0001,14030.7%
36 HATFIELD RD2025-05$290,0001,14037.1%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%

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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 →