The Fair Share Report

26 Langley 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

≈ $265,000

Likely range $210,000 – $289,226, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,121 sq ft.

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 $265,000 home should be assessed near $140,318.

Step 3 · Assessed value

$162,800

Set at the last town-wide revaluation and mostly frozen since. That's $22,483 above what the ratio math suggests (16.0%).

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 $2.436 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,967/yr
Public schools$1,858
Ocean County$891
Town of Berkeley$1,218
Berkeley average$5,442

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

Town median 46.3%
This home · 61.4%

30%83%

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
1 HAMPSHIRE RD2026-05$315,0001,12133.7%
160 WESTBROOK DR2026-05$210,0001,12151.4%
1 HAMPSHIRE RD2025-08$205,0001,12151.8%
31 CARLISLE RD2025-07$265,0001,12137.9%
112 NORTHUMBERLAND DR2025-06$215,0001,12150.0%
18 ELY CT2025-05$327,9001,12151.4%
106 NORTHUMBERLAND DR2025-11$325,0001,12234.7%
30 BIABOU DR2026-06$206,5001,12450.9%
96 BONAIRE DR2026-03$280,0001,12442.4%
350 BARBADOS DR NORTH2026-02$185,0001,12461.1%
868 JAMAICA BLVD2025-11$280,0001,12435.4%
288 BARBADOS DR NORTH2025-10$269,0001,12445.4%

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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 →