The Fair Share Report

26 Fairfield Rd

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

≈ $299,598

Likely range $247,380 – $339,618, 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 $299,598 home should be assessed near $158,637.

Step 3 · Assessed value

$112,100

Set at the last town-wide revaluation and mostly frozen since. That's $46,537 below what the ratio math suggests (29.3%).

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 $2.367 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,653/yr
Public schools$1,243
Ocean County$596
Town of Berkeley$814
Berkeley average$5,442

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

Town median 46.3%
This home · 37.4%

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
15 FAIRFIELD RD2025-07$325,0001,15336.0%
37 ZEELAND DR2026-05$292,0001,15332.5%
103 TWENTY-THIRD AVE #112026-04$827,0001,15648.3%
30 ZEELAND DR2025-07$185,0001,15387.0%
27 OAKFIELD RD2025-03$315,0001,15344.3%
9 MANIWAKI CT2025-08$370,0001,16146.1%
12 DAWN WAY2025-06$285,0001,23252.2%
10 LYFORD CT2025-08$266,0001,23246.0%
12 JERICHO RD2025-10$260,0001,15342.2%
50 PARADISE BLVD2026-03$262,0001,23246.9%
38 WOODSTOCK DR2026-01$273,0001,23256.1%
1 DAWN WAY2026-01$240,0001,23262.4%

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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 →