The Fair Share Report

38 Eton Rd

Berkeley, NJ 08755

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

≈ $285,530

Likely range $256,382 – $317,797, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,201 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 $285,530 home should be assessed near $151,188.

Step 3 · Assessed value

$115,200

Set at the last town-wide revaluation and mostly frozen since. That's $35,988 below what the ratio math suggests (23.8%).

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

$2,984/yr
Public schools$1,397
Ocean County$670
Town of Berkeley$916
Berkeley average$5,442

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

Town median 46.3%
This home · 40.3%

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
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%
16 ELDORADO ST2025-08$325,0001,23239.5%
8 ST KITTS DR2025-06$270,0001,23243.6%
13 SHAW CT2026-02$291,0001,22945.5%
9 GOWER RD2025-10$279,0001,14140.0%
2 VAN GOGH ST2025-11$263,0001,23244.0%
9 PORT ROYAL DR2025-11$235,0001,23251.7%
214 HARRINGTON DR NORTH2025-12$355,0001,24650.0%
6 FALMOUTH ST2026-03$292,9001,23241.5%
7 SANTA FE CT2025-08$245,0001,23247.6%
26 MARACAIBO PL2025-02$326,0001,23238.2%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%

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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 →