The Fair Share Report

3 Bolans Ct

Berkeley, NJ 07009

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

≈ $255,681

Likely range $214,200 – $326,790, 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 $255,681 home should be assessed near $135,383.

Step 3 · Assessed value

$102,800

Set at the last town-wide revaluation and mostly frozen since. That's $32,583 below what the ratio math suggests (24.1%).

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

$2,663/yr
Public schools$1,247
Ocean County$598
Town of Berkeley$817
Berkeley average$5,442

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

Town median 46.3%
This home · 40.2%

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
40 MONTSERRAT ST2025-01$280,0001,12442.4%
82 FT DE FRANCE AVE2025-10$350,0001,12430.6%
332 CURACAO ST2025-08$165,0001,12484.1%
11 FALMOUTH ST2025-02$210,0001,12465.4%
106 FT DE FRANCE AVE2026-04$241,0001,12447.3%
324 ST THOMAS DR2026-06$339,0001,12451.2%
36 TORTOLA ST2026-05$255,0001,12443.7%
166 HARRINGTON DR NORTH2025-04$289,9001,12450.1%
110 GEORGETOWN RD2025-03$265,0001,13540.4%
37 SCARBOROUGH PL2025-08$239,0001,12445.4%
186 CHARLOTTEVILLE DR S2025-10$249,9001,12444.9%
487 JAMAICA BLVD2025-10$325,0001,12432.3%

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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 →