The Fair Share Report

3 Whitmore 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

≈ $262,768

Likely range $239,402 – $328,501, 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 $262,768 home should be assessed near $139,136.

Step 3 · Assessed value

$113,000

Set at the last town-wide revaluation and mostly frozen since. That's $26,136 below what the ratio math suggests (18.8%).

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%

This home's own bill implies $2.369 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,677/yr
Public schools$1,254
Ocean County$601
Town of Berkeley$822
Berkeley average$5,442

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

Town median 46.3%
This home · 43.0%

29%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
38 ETON RD2026-03$265,0001,20143.5%
13 SHAW CT2026-02$291,0001,22945.5%
2 VAN GOGH ST2025-11$263,0001,23244.0%
6 SAN JUAN CT2025-05$252,0001,23246.0%
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%
135 NORTHUMBERLAND DR2026-04$335,0001,13931.1%
29 CARLISLE RD2025-02$210,0001,14168.2%
27 MARACAIBO PL2025-11$299,9001,23239.8%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%
12 NORFOLK DR2025-06$230,0001,15745.4%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%

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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 →