The Fair Share Report

27 Whitmore 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

≈ $279,504

Likely range $252,349 – $315,325, 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 $279,504 home should be assessed near $147,997.

Step 3 · Assessed value

$99,800

Set at the last town-wide revaluation and mostly frozen since. That's $48,197 below what the ratio math suggests (32.6%).

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%

Step 5 · The bill

$2,585/yr
Public schools$1,211
Ocean County$581
Town of Berkeley$793
Berkeley average$5,442

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

Town median 46.3%
This home · 35.7%

26%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
5 NORFOLK DR2025-02$279,0001,10737.6%
89 CARLISLE RD2026-03$350,0001,12146.0%
95 CARLISLE RD2025-03$225,0001,12169.7%
3 SALERNO CT2025-10$285,8881,12436.8%
146 BIMINI DR2026-02$314,0001,12434.0%
2 CAPRI CT2026-04$320,0001,12444.5%
2 CAPRI CT2025-01$292,0001,12448.8%
910 JAMAICA BLVD2025-07$240,0001,12420.8%
32 BUGLE CT2025-07$265,0001,12149.9%
44 CASTLE HARBOR DR2025-04$260,0001,12443.3%
31 CARLISLE RD2025-07$265,0001,12137.9%
62 CASTLE HARBOR DR2025-12$326,5001,12452.6%

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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 →