The Fair Share Report

3 Brian 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

≈ $278,688

Likely range $247,442 – $340,287, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,062 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 $278,688 home should be assessed near $147,565.

Step 3 · Assessed value

$105,300

Set at the last town-wide revaluation and mostly frozen since. That's $42,265 below what the ratio math suggests (28.6%).

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

$2,727/yr
Public schools$1,277
Ocean County$613
Town of Berkeley$837
Berkeley average$5,442

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

Town median 46.3%
This home · 37.8%

25%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
20 FAIRWOOD DR2026-03$450,0001,06448.1%
21 PARK AVE2025-09$375,0001,06062.0%
11 SHERWOOD CT2025-10$280,0001,06737.8%
27 CARVER ST2025-11$368,0001,04451.4%
1074 EDGEBROOK DR SOUTH2026-04$255,0001,07439.3%
29 SHERWOOD LN2026-02$248,0001,08340.5%
1111 WATERBERRY CT SOUTH2026-02$299,0001,08335.9%
1 YORK CT2025-12$270,0001,08337.7%
859 EDGEBROOK DR NORTH2025-08$253,5001,08844.2%
14 SUTHERLAND CT2025-01$300,0001,08852.3%
31 SOUTHAMPTON RD2026-02$255,0001,07939.3%
6 STANFORD DR2026-02$220,0001,09148.5%

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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 →