The Fair Share Report

27 Westbrook Dr

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

≈ $245,000

Likely range $215,000 – $324,057, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,031 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 $245,000 home should be assessed near $129,728.

Step 3 · Assessed value

$106,300

Set at the last town-wide revaluation and mostly frozen since. That's $23,428 below what the ratio math suggests (18.1%).

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

$2,753/yr
Public schools$1,289
Ocean County$619
Town of Berkeley$845
Berkeley average$5,442

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

Town median 46.3%
This home · 43.4%

27%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
88 WESTBROOK DR2025-04$285,0001,03147.8%
108 GEORGETOWN RD2025-03$339,9001,05930.4%
6 BIMINI DR2026-04$343,0001,03430.1%
15 BRIAN CT2025-04$227,5001,03163.6%
80 BRAKENBURY DR2025-07$225,0001,059244.4%
18 NORTHUMBERLAND DR2025-10$400,0001,06926.7%
18 NORTHUMBERLAND DR2025-06$212,5001,06950.3%
7 BONAIRE DR2025-09$250,0001,03440.4%
75 BRAKENBURY DR2025-01$226,0001,07461.0%
9 CARLISLE RD2026-05$220,0001,05945.1%
1046 EDGEBROOK DR EAST2026-03$215,0001,03146.3%
1042 EDGEBROOK DR EAST2025-03$245,0001,03142.1%

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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 →