The Fair Share Report
240 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $285,479 – $389,603, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $326,440 home should be assessed near $172,850.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,550 below what the ratio math suggests (17.7%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.414 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 ELY CT | 2025-09 | $292,000 | 1,366 | 41.4% |
| 340 BARBADOS DR NORTH | 2025-10 | $330,000 | 1,364 | 38.9% |
| 384 BARBADOS DR NORTH | 2025-05 | $307,500 | 1,364 | 39.8% |
| 41 ETON RD | 2025-07 | $343,500 | 1,338 | 35.2% |
| 265 LATIMER AVE | 2025-12 | $371,250 | 1,334 | 47.6% |
| 14 PICASSO CT | 2026-06 | $375,000 | 1,364 | 37.4% |
| 136 GEORGETOWN RD | 2025-09 | $285,000 | 1,340 | 41.7% |
| 17 TORTOLA ST | 2025-04 | $311,000 | 1,328 | 40.2% |
| 194 PORT ROYAL DR | 2026-06 | $420,000 | 1,364 | 28.7% |
| 154 BONAIRE DR | 2026-03 | $400,000 | 1,364 | 34.3% |
| 2 SEVILLE PL | 2026-02 | $300,000 | 1,364 | 40.5% |
| 119 HYANNIS ST | 2025-09 | $262,000 | 1,364 | 47.7% |
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