The Fair Share Report

3 Encinitas Dr

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

≈ $477,331

Likely range $392,577 – $507,966, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,748 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 $477,331 home should be assessed near $252,747.

Step 3 · Assessed value

$154,700

Set at the last town-wide revaluation and mostly frozen since. That's $98,047 below what the ratio math suggests (38.8%).

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

$4,007/yr
Public schools$1,877
Ocean County$900
Town of Berkeley$1,230
Berkeley average$5,442

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

Town median 46.3%
This home · 32.4%

25%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
13 CANARIES CT2025-08$490,0001,76234.4%
11 SOUTH POINT CT2025-07$380,0001,69235.6%
3 DRAKE DR2025-09$670,0001,88459.9%
9 WESTGATE CT2026-05$409,0001,72848.5%
38 BELMONT AVE2025-12$495,0001,73651.8%
265 CYPRESS DR2025-11$1,055,0001,87351.3%
310 ATLANTIC CITY AVE2025-07$495,0001,75046.9%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
153 TORREY PINES DR2025-05$440,0001,72048.4%
11 OLSTINS CT2026-05$355,0001,63839.8%
4 RAVENNA CT2026-05$376,0001,73442.5%
317 TRENTON AVE NORTH2025-09$480,0001,63549.4%

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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 →