The Fair Share Report

30 Cambridge 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

≈ $380,243

Likely range $262,545 – $433,454, 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 $380,243 home should be assessed near $201,339.

Step 3 · Assessed value

$114,800

Set at the last town-wide revaluation and mostly frozen since. That's $86,539 below what the ratio math suggests (43.0%).

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

$2,973/yr
Public schools$1,393
Ocean County$668
Town of Berkeley$913
Berkeley average$5,442

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

Town median 46.3%
This home · 30.2%

21%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
128 MILL CREEK RD2025-02$415,0001,19049.4%
63 MALLARD RD2026-05$415,0001,18451.7%
26 VEEDER LN2025-03$432,0001,21847.7%
38 ST DAVID DR2026-01$385,0001,214102.9%
19 GEORGETOWN DR2025-11$265,0001,23244.3%
12 BAY BLVD2025-06$425,0001,23249.7%
13 LEEWARD ST2025-10$225,0001,16471.3%
25 GRENADA ST2025-07$325,0001,16434.8%
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
29 CHAIN BLVD2025-01$420,0001,16062.9%
301 ST VINCENT CT2026-01$269,0001,16959.7%
22 WOODLAND RD2025-06$465,0001,23250.4%

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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 →