The Fair Share Report

309 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

≈ $315,000

Likely range $293,000 – $363,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,404 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 $315,000 home should be assessed near $166,793.

Step 3 · Assessed value

$222,800

Set at the last town-wide revaluation and mostly frozen since. That's $56,008 above what the ratio math suggests (33.6%).

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

$5,771/yr
Public schools$2,703
Ocean County$1,297
Town of Berkeley$1,771
Berkeley average$5,442

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

Town median 46.3%
This home · 70.7%

30%81%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $1,451/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
41 NOSTRAND DR2026-05$305,0001,40450.5%
266 WESTBROOK DR2025-11$315,0001,40447.8%
26 NOSTRAND DR2026-05$285,0001,40452.3%
7 BEAVERBROOK DR2025-09$339,5001,40443.5%
14 CORTLANDT DR2025-03$382,5001,40439.0%
82 SPINNAKER CT2025-11$735,0001,40150.6%
14 EDGEWATER DR2025-10$350,0001,40443.6%
52 CASTLETON DR2026-03$315,0001,40439.4%
24 ZEELAND DR2025-02$310,0001,40448.6%
119 CASTLETON DR2025-05$293,0001,40441.6%
27 FAIRFIELD RD2025-04$363,0001,40434.3%
23 FAIRFIELD RD2025-05$419,0001,40442.9%

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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 →