The Fair Share Report

258 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

≈ $325,274

Likely range $247,333 – $382,208, 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 $325,274 home should be assessed near $172,233.

Step 3 · Assessed value

$152,900

Set at the last town-wide revaluation and mostly frozen since. That's $19,333 below what the ratio math suggests (11.2%).

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%

Step 5 · The bill

$3,960/yr
Public schools$1,855
Ocean County$890
Town of Berkeley$1,216
Berkeley average$5,442

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

Town median 46.3%
This home · 47.0%

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)

AddressSoldPriceSq ftRatio
28 BAHAMIA DR2025-09$400,0001,23230.9%
55 WHITMORE DR2026-01$363,0001,32740.7%
33 WHITMORE DR2026-03$255,0001,34051.8%
11 WHITAKER DR2025-12$370,0001,31841.2%
22 VERA CRUZ CT2025-07$265,0001,23247.3%
373 COSTA MESA DR2025-11$245,0001,23248.5%
48 WHITAKER DR2026-04$410,0001,31851.5%
14 BEDIVERE CT2025-10$253,0001,23247.5%
193 BIABOU DR2026-03$342,5001,23233.1%
102 BIMINI DR2025-05$250,0001,23249.4%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
9 MORONGO CT2026-03$338,0001,32835.7%

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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 →