The Fair Share Report

35 Corinth Pl

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

≈ $280,155

Likely range $233,933 – $319,044, 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 $280,155 home should be assessed near $148,342.

Step 3 · Assessed value

$81,100

Set at the last town-wide revaluation and mostly frozen since. That's $67,242 below what the ratio math suggests (45.3%).

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

$2,100/yr
Public schools$984
Ocean County$472
Town of Berkeley$645
Berkeley average$5,442

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

Town median 46.3%
This home · 28.9%

20%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
38 NORTHUMBERLAND DR2025-12$200,00099050.3%
81 PUERTO VALLARTA ST2025-08$269,0001,03440.9%
11 PALMETTO PT ST2026-05$325,0001,03432.3%
45 BONAIRE DR2025-09$332,0911,03430.6%
7 BONAIRE DR2025-09$250,0001,03440.4%
10 SURREY CT2025-02$295,00098534.5%
6 BIMINI DR2026-04$343,0001,03430.1%
18 CABRILLO BLVD2026-04$325,0001,03448.2%
3 BASSET CT2025-01$290,0001,03134.3%
125 RODHOS ST2026-04$270,0001,03440.1%
57 ETON RD2026-04$280,00097136.1%
18 BOLINGBROKE DR2025-01$235,00097162.7%

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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 →