The Fair Share Report

27 Linstead Ct

Berkeley, NJ 08757

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $309,533

Likely range $268,225 – $362,643, 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 $309,533 home should be assessed near $163,898.

Step 3 · Assessed value

$135,900

Set at the last town-wide revaluation and mostly frozen since. That's $27,998 below what the ratio math suggests (17.1%).

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

$3,520/yr
Public schools$1,648
Ocean County$791
Town of Berkeley$1,080
Berkeley average$5,442

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

Town median 46.3%
This home · 43.9%

30%68%

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

AddressSoldPriceSq ftRatio
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
78 TROUMAKA ST2025-08$246,0001,32851.7%
23 BURLINGTON CT2025-08$326,1311,36053.4%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
94 HYANNIS ST2025-02$220,0001,32881.6%
127 TROUMAKA ST2026-06$250,0001,36447.1%
91 WINDJAMMER CT2025-08$650,0001,32053.5%
72 STORM JIB CT2025-07$595,0001,32065.9%
2 HYANNIS ST2026-04$307,0001,32840.5%
193 ORLANDO BLVD2025-06$334,5001,32837.1%

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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 →