The Fair Share Report

243 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

≈ $375,000

Likely range $330,575 – $409,518, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,494 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 $375,000 home should be assessed near $198,563.

Step 3 · Assessed value

$127,500

Set at the last town-wide revaluation and mostly frozen since. That's $71,063 below what the ratio math suggests (35.8%).

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

$3,302/yr
Public schools$1,547
Ocean County$742
Town of Berkeley$1,014
Berkeley average$5,442

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

Town median 46.3%
This home · 34.0%

26%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
30 NOSTRAND DR2025-10$434,9001,49445.6%
53 WHITAKER DR2025-10$435,0001,49435.0%
253 WESTBROOK DR2025-02$382,4001,51434.1%
57 DREYFUS CT2025-04$375,0001,49445.4%
103 EDGEWATER CT2026-04$320,0001,49444.9%
16 MANASSAS DR2025-12$415,0001,51436.7%
44 WHITAKER DR2025-06$370,0001,51441.5%
4 RUTLAND DR2026-05$315,0001,49438.8%
24 RUTLAND DR2026-04$339,0001,49439.2%
3 SHAW CT2025-09$340,0001,49441.1%
34 BEAVERBROOK DR2025-04$379,9001,48841.8%
15 BEAVERBROOK DR2025-08$335,0001,51437.3%

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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 →