The Fair Share Report

3 Vienna 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

≈ $419,167

Likely range $380,913 – $488,028, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,509 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 $419,167 home should be assessed near $221,949.

Step 3 · Assessed value

$151,300

Set at the last town-wide revaluation and mostly frozen since. That's $70,649 below what the ratio math suggests (31.8%).

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

$3,919/yr
Public schools$1,835
Ocean County$881
Town of Berkeley$1,203
Berkeley average$5,442

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

Town median 46.3%
This home · 36.1%

26%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
51 WINTERTON DR2026-01$387,0001,50938.7%
351 JAMAICA BLVD2025-11$399,5001,50941.3%
41 WINTERTON DR2026-02$450,0001,50934.2%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
28 COHANSEY DR2026-04$477,0001,50931.4%
33 BLUE HERON LANE2026-05$483,5001,49550.8%
10 STROUD CT2026-04$365,0001,50949.4%
71 WINTERTON DR2026-05$329,9001,50245.0%
11 STROUD CT2025-01$390,0001,54549.5%
10 COLWYN WAY2025-11$495,0001,50938.2%
6 SNOWDON CT2025-12$400,0001,44046.0%
12 BLUE HERON LANE2025-08$582,9001,56542.7%

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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 →