The Fair Share Report

32 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

≈ $318,787

Likely range $277,091 – $374,038, 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 $318,787 home should be assessed near $168,798.

Step 3 · Assessed value

$137,000

Set at the last town-wide revaluation and mostly frozen since. That's $31,798 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%

Step 5 · The bill

$3,548/yr
Public schools$1,662
Ocean County$797
Town of Berkeley$1,089
Berkeley average$5,442

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

Town median 46.3%
This home · 43.0%

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)

AddressSoldPriceSq ftRatio
9 CHARLOTTEVILLE DR S2026-05$327,0001,35639.4%
1453 BARNEGAT AVE2026-04$925,0001,31443.2%
327 HAYES AVE2025-04$480,0001,36844.2%
151 GUADELOUPE DR2026-04$317,5001,32837.8%
156 GUADELOUPE DR2025-11$320,0001,32838.4%
162 HARRINGTON DR NORTH2026-02$295,0001,32840.9%
15 ST EUSTATIUS ST2025-11$245,0001,32846.6%
19 PORT ROYAL DR2025-07$242,0001,32871.4%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
265 LATIMER AVE2025-12$371,2501,33447.6%
9 WESTBROOK DR2025-01$251,0001,31879.7%
41 ETON RD2025-07$343,5001,33835.2%

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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 →