The Fair Share Report

26 Browning Ave

Berkeley, NJ 07733

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

≈ $310,030

Likely range $252,674 – $346,109, 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 $310,030 home should be assessed near $164,161.

Step 3 · Assessed value

$185,600

Set at the last town-wide revaluation and mostly frozen since. That's $21,439 above what the ratio math suggests (13.1%).

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

$4,807/yr
Public schools$2,251
Ocean County$1,080
Town of Berkeley$1,476
Berkeley average$5,442

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

Town median 46.3%
This home · 59.9%

30%79%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
3 MONTEGO ST2026-05$264,5001,23287.5%
36 GEORGETOWN DR2025-10$339,0001,23256.9%
493 ST THOMAS DR2025-05$318,5001,23223.2%
2 VAN GOGH ST2025-11$263,0001,23244.0%
80 WESTBROOK DR2025-09$220,0001,210104.4%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%
38 MARQUIS ST2026-01$270,0001,23244.0%
10 AZTEC CT2025-11$272,5001,23243.4%
3 TIVOLI ST2025-08$377,5001,23233.9%
153 FT DE FRANCE AVE2025-02$319,9001,2645.6%
193 BIABOU DR2026-03$342,5001,23233.1%

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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 →