The Fair Share Report

3 St Christopher 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

≈ $353,889

Likely range $292,937 – $410,783, 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 $353,889 home should be assessed near $187,384.

Step 3 · Assessed value

$157,400

Set at the last town-wide revaluation and mostly frozen since. That's $29,984 below what the ratio math suggests (16.0%).

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

$4,077/yr
Public schools$1,909
Ocean County$916
Town of Berkeley$1,251
Berkeley average$5,442

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

Town median 46.3%
This home · 44.5%

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
119 BARBADOS DR SOUTH2025-12$359,0001,44038.4%
62 BARBADOS DR SOUTH2025-09$300,0001,44040.2%
62 BARBADOS DR SOUTH2025-08$235,0001,44051.3%
26 GRENADA ST2026-05$240,0001,44052.2%
14 SCARBOROUGH PL2025-01$390,0001,44038.9%
3 GRENADA ST2025-07$330,0001,44039.5%
88 SCARBOROUGH PL2025-08$292,0001,44050.6%
1015 EDGEBROOK DR EAST2025-01$350,0001,45140.7%
26 FT DE FRANCE AVE2026-02$350,0001,44043.8%
174 FT DE FRANCE AVE2025-03$375,0001,44037.2%
210 LAKEWOOD AVE2025-04$432,1001,47456.8%
54 KORMAN RD2025-04$415,0001,50351.9%

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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 →