The Fair Share Report

3 Ashcroft Ln

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

≈ $407,177

Likely range $368,621 – $441,549, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,644 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 $407,177 home should be assessed near $215,600.

Step 3 · Assessed value

$180,300

Set at the last town-wide revaluation and mostly frozen since. That's $35,300 below what the ratio math suggests (16.4%).

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

$4,670/yr
Public schools$2,187
Ocean County$1,049
Town of Berkeley$1,433
Berkeley average$5,442

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

Town median 46.3%
This home · 44.3%

30%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
9 TEMPLETON ST2025-06$450,0001,65646.3%
73 VIRGIN ISLANDS DR2025-05$426,0001,72046.1%
51 TRENT DR2026-03$310,0001,63855.4%
1 CARLSBAD DR2026-01$360,0001,54451.8%
141 PARADISE BLVD2025-05$430,0001,60131.1%
89 OCEAN GATE AVE2025-03$730,0001,74052.7%
8 THRONBURY CT2025-09$405,0001,60140.9%
154 PRINCE CHARLES DR2025-10$398,0001,61547.0%
16 MERRILEE LN2025-11$393,0001,65242.8%
7 BEDFORD CT2026-04$305,0001,64842.8%
23 ZEELAND DR2025-11$400,0001,51439.2%
153 TORREY PINES DR2025-05$440,0001,72048.4%

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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 →