The Fair Share Report

333 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

≈ $309,497

Likely range $271,739 – $382,662, 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 $309,497 home should be assessed near $163,879.

Step 3 · Assessed value

$151,700

Set at the last town-wide revaluation and mostly frozen since. That's $12,179 below what the ratio math suggests (7.4%).

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%

This home's own bill implies $2.425 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,679/yr
Public schools$1,723
Ocean County$827
Town of Berkeley$1,129
Berkeley average$5,442

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

Town median 46.3%
This home · 49.0%

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
14 BEDIVERE CT2025-10$253,0001,23247.5%
17 SAN JACINTO ST2025-04$360,0001,23251.5%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
9 MORONGO CT2026-03$338,0001,32835.7%
8 AUGUSTA CT2026-01$290,0001,32843.0%
23 LONGDENVILLE ST2026-05$271,0001,23242.2%
2 SAN CARLOS CT2025-09$285,0001,23244.5%
40 LUMSDEN ST2025-07$300,0001,23240.1%
1 COBORCA WAY2025-03$260,0001,23264.7%
373 COSTA MESA DR2025-11$245,0001,23248.5%
55 WHITMORE DR2026-01$363,0001,32740.7%

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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 →