The Fair Share Report

32 Castleton 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

≈ $437,641

Likely range $258,562 – $588,884, 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 $437,641 home should be assessed near $231,731.

Step 3 · Assessed value

$209,100

Set at the last town-wide revaluation and mostly frozen since. That's $22,631 below what the ratio math suggests (9.8%).

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

$5,416/yr
Public schools$2,536
Ocean County$1,217
Town of Berkeley$1,662
Berkeley average$5,442

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

Town median 46.3%
This home · 47.8%

30%86%

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
89 OCEAN GATE AVE2025-03$730,0001,74052.7%
78 TOP SAIL CT2025-08$665,0001,81963.3%
73 VIRGIN ISLANDS DR2025-05$426,0001,72046.1%
13 CANARIES CT2025-08$490,0001,76234.4%
9 ST FRANCOIS CT2026-04$580,0001,81225.4%
85 SAN CARLOS ST2025-04$235,0001,77661.3%
4 PEBBLE BEACH CT2026-06$255,0001,71248.4%
4 PEBBLE BEACH CT2026-04$175,0001,71270.6%
37 BUTLER AVE2026-03$415,0001,73247.3%
3 DRAKE DR2025-09$670,0001,88459.9%
9 TEMPLETON ST2025-06$450,0001,65646.3%
152 BIABOU DR2025-07$299,9001,85252.0%

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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 →