The Fair Share Report

27 Roman St

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

≈ $308,732

Likely range $217,115 – $344,300, 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 $308,732 home should be assessed near $163,474.

Step 3 · Assessed value

$106,900

Set at the last town-wide revaluation and mostly frozen since. That's $56,574 below what the ratio math suggests (34.6%).

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 $2.356 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,519/yr
Public schools$1,180
Ocean County$566
Town of Berkeley$773
Berkeley average$5,442

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

Town median 46.3%
This home · 34.6%

26%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
29 CARLISLE RD2025-02$210,0001,14168.2%
124 NORTHUMBERLAND DR2026-03$190,0001,13950.0%
15 TIVOLI ST2025-09$299,9001,12435.0%
135 NORTHUMBERLAND DR2026-04$335,0001,13931.1%
9 GOWER RD2025-10$279,0001,14140.0%
146 BIMINI DR2026-02$314,0001,12434.0%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%
24 CARLISLE RD2025-03$390,0001,12631.2%
89 CARLISLE RD2026-03$350,0001,12146.0%
95 CARLISLE RD2025-03$225,0001,12169.7%
21 NOSTRAND DR2026-01$200,0001,15366.8%
106 NORTHUMBERLAND DR2025-11$325,0001,12234.7%

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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 →