The Fair Share Report

3 Cardiff 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

≈ $385,863

Likely range $318,962 – $413,928, 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 $385,863 home should be assessed near $204,314.

Step 3 · Assessed value

$185,100

Set at the last town-wide revaluation and mostly frozen since. That's $19,214 below what the ratio math suggests (9.4%).

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

$4,794/yr
Public schools$2,245
Ocean County$1,077
Town of Berkeley$1,472
Berkeley average$5,442

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

Town median 46.3%
This home · 48.0%

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
66 LIBERTA DR2025-12$409,9001,60853.3%
4 PEBBLE BEACH CT2026-06$255,0001,71248.4%
4 PEBBLE BEACH CT2026-04$175,0001,71270.6%
16 MERRILEE LN2025-11$393,0001,65242.8%
36 BUENA VISA DR2025-03$380,0001,58052.7%
8 SANTIAGO DR WEST2025-03$399,0001,58051.8%
141 PARADISE BLVD2025-05$430,0001,60131.1%
12 NELSON CT2026-01$420,0001,58044.4%
23 MANITOBA CT2026-05$359,9001,60136.9%
43 SANTO DOMINGO DR2026-01$347,0001,60139.5%
8 MANITOBA CT2026-01$305,0001,60153.9%
64 LA DUNETTE DR2025-11$395,0001,60140.0%

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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 →