The Fair Share Report

246 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

≈ $271,658

Likely range $244,868 – $321,318, 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 $271,658 home should be assessed near $143,843.

Step 3 · Assessed value

$106,200

Set at the last town-wide revaluation and mostly frozen since. That's $37,643 below what the ratio math suggests (26.2%).

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%

This home's own bill implies $2.355 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,501/yr
Public schools$1,171
Ocean County$562
Town of Berkeley$768
Berkeley average$5,442

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

Town median 46.3%
This home · 39.1%

28%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
2 BASSET DR2025-05$270,0001,14042.0%
21 NOSTRAND DR2026-01$200,0001,15366.8%
27 WHITAKER DR2025-11$240,0001,15356.5%
2 SHEEPSHEAD DR2025-09$292,0001,15347.2%
205 BONAIRE DR2026-02$258,0001,12442.0%
11 BAHAMIA DR2025-11$244,0001,12443.6%
1 MANASSAS DR2025-08$245,0001,15356.5%
72 MILLBROOK DR2025-08$314,9001,13144.1%
482 RADOVAN AVE2025-10$465,0001,14649.9%
354 TRENTON AVE NORTH2025-10$260,0001,14481.2%
405 COSTA MESA DR2025-06$294,0001,12438.0%
108 BIMINI DR2025-05$272,0001,12441.1%

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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 →