The Fair Share Report

307 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.

Step 1 · Market value

≈ $240,512

Likely range $216,833 – $278,721, 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 $240,512 home should be assessed near $127,351.

Step 3 · Assessed value

$92,000

Set at the last town-wide revaluation and mostly frozen since. That's $35,351 below what the ratio math suggests (27.8%).

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

$2,383/yr
Public schools$1,116
Ocean County$535
Town of Berkeley$731
Berkeley average$5,442

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

Town median 46.3%
This home · 38.3%

28%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
3 CALDWELL DR2026-03$279,00097146.3%
88 PUFFIN GLADE2026-05$245,00092842.9%
100 SUNSET DR NORTH #112025-02$510,00095036.7%
KINGS GATE CONDO C52025-10$801,00091044.8%
57 ETON RD2026-04$280,00097136.1%
18 BOLINGBROKE DR2025-01$235,00097162.7%
13 MILLBROOK CT2025-10$259,90098549.4%
38 NORTHUMBERLAND DR2025-12$200,00099050.3%
23 ETON RD2025-03$225,00097155.8%
10 SURREY CT2025-02$295,00098534.5%
1023 EDGEBROOK DR EAST2025-12$140,00092674.6%
73 PUFFIN GLADE2025-01$245,00092864.0%

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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 →