The Fair Share Report

3 Augusta Ct

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

≈ $286,931

Likely range $245,281 – $375,303, 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 $286,931 home should be assessed near $151,930.

Step 3 · Assessed value

$139,200

Set at the last town-wide revaluation and mostly frozen since. That's $12,730 below what the ratio math suggests (8.4%).

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

$3,605/yr
Public schools$1,688
Ocean County$810
Town of Berkeley$1,107
Berkeley average$5,442

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

Town median 46.3%
This home · 48.5%

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
22 INVERELL DR2026-04$298,0001,36441.7%
4 AUGUSTA CT2025-10$336,0001,36438.1%
41 INNSBRUCK DR2025-08$369,0001,36435.2%
205 TORREY PINES DR2025-09$375,0001,32833.7%
12 SAN JACINTO ST2025-11$338,5001,36437.8%
21 DRAKE DR2025-07$775,0001,35244.6%
94 TROUMAKA ST2025-08$187,0001,32869.0%
8 DORAL DR2025-06$240,0001,32878.1%
4 BEAUMONT CT2025-02$440,0001,32828.1%
15 ROXTON PL2025-11$250,0001,32849.8%
57 INNSBRUCK DR2025-06$260,0001,36448.5%
11 SELKIRK AVE2026-02$275,0001,32845.1%

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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 →