The Fair Share Report

242 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

≈ $305,156

Likely range $275,000 – $374,175, 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 $305,156 home should be assessed near $161,580.

Step 3 · Assessed value

$127,600

Set at the last town-wide revaluation and mostly frozen since. That's $33,980 below what the ratio math suggests (21.0%).

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%

Step 5 · The bill

$3,305/yr
Public schools$1,548
Ocean County$743
Town of Berkeley$1,014
Berkeley average$5,442

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

Town median 46.3%
This home · 41.8%

29%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
235 BARBADOS DR NORTH2025-09$357,0001,26430.8%
153 FT DE FRANCE AVE2025-02$319,9001,2645.6%
410 JAMAICA BLVD2025-10$379,9001,30442.7%
214 HARRINGTON DR NORTH2025-12$355,0001,24650.0%
49 ETON RD2026-05$315,2001,31838.0%
77 WESTBROOK DR2025-08$405,0001,31845.6%
80 ETON RD2025-06$380,0001,31849.4%
97 LIBERTA DR2025-08$355,0001,26450.3%
778 JAMAICA BLVD2025-09$200,0001,23261.0%
8 ST KITTS DR2025-06$270,0001,23243.6%
17 TORTOLA ST2025-04$311,0001,32840.2%
9 WESTBROOK DR2025-01$251,0001,31879.7%

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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 →