The Fair Share Report
301 Westbrook 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $256,788 – $365,461, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $278,754 home should be assessed near $147,600.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,800 below what the ratio math suggests (4.6%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.412 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 14 BEDIVERE CT | 2025-10 | $253,000 | 1,232 | 47.5% |
| 17 SAN JACINTO ST | 2025-04 | $360,000 | 1,232 | 51.5% |
| 23 LONGDENVILLE ST | 2026-05 | $271,000 | 1,232 | 42.2% |
| 2 SAN CARLOS CT | 2025-09 | $285,000 | 1,232 | 44.5% |
| 40 LUMSDEN ST | 2025-07 | $300,000 | 1,232 | 40.1% |
| 1 COBORCA WAY | 2025-03 | $260,000 | 1,232 | 64.7% |
| 373 COSTA MESA DR | 2025-11 | $245,000 | 1,232 | 48.5% |
| 2108 CENTRAL AVE 10 | 2025-08 | $649,000 | 1,225 | 42.9% |
| 10 INVERELL DR | 2025-09 | $345,000 | 1,161 | 49.7% |
| 236 CABRILLO BLVD | 2026-02 | $350,000 | 1,232 | 51.9% |
| 9 BANNING CT | 2025-08 | $275,000 | 1,232 | 60.5% |
| 12 DAWN WAY | 2025-06 | $285,000 | 1,232 | 52.2% |
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