The Fair Share Report

244 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

≈ $302,435

Likely range $266,687 – $357,248, 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 $302,435 home should be assessed near $160,139.

Step 3 · Assessed value

$122,000

Set at the last town-wide revaluation and mostly frozen since. That's $38,139 below what the ratio math suggests (23.8%).

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

$3,160/yr
Public schools$1,480
Ocean County$710
Town of Berkeley$970
Berkeley average$5,442

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

Town median 46.3%
This home · 40.3%

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
83 CABRILLO BLVD2026-05$335,0001,23237.0%
9 BAHAMIA DR2026-02$320,0001,23237.8%
28 BAHAMIA DR2025-09$400,0001,23230.9%
135 RODHOS ST2026-06$225,0001,23254.7%
409 COSTA MESA DR2026-05$360,0001,23236.3%
419 COSTA MESA DR2026-04$299,0001,23241.2%
4 PUERTO VALLARTA ST2026-03$295,0001,23242.3%
193 BIABOU DR2026-03$342,5001,23233.1%
39 FONTANA ST2026-03$292,5001,23241.1%
8 TIJUANA CT2026-02$260,0001,23245.6%
21 CABRILLO BLVD2025-12$346,0001,23235.5%
373 COSTA MESA DR2025-11$245,0001,23248.5%

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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 →