The Fair Share Report

38 Sutherland 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

≈ $280,970

Likely range $237,700 – $316,174, 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 $280,970 home should be assessed near $148,774.

Step 3 · Assessed value

$102,800

Set at the last town-wide revaluation and mostly frozen since. That's $45,974 below what the ratio math suggests (30.9%).

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 $2.347 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,413/yr
Public schools$1,130
Ocean County$542
Town of Berkeley$741
Berkeley average$5,442

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

Town median 46.3%
This home · 36.6%

27%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
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
7 NORWICH DR2025-01$259,9001,11340.3%
1101 WATERBERRY CT SOUTH2025-10$309,9001,10537.4%
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
25 GRENADA ST2025-07$325,0001,16434.8%
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
6 STANFORD DR2026-02$220,0001,09148.5%
14 SUTHERLAND CT2025-01$300,0001,08852.3%
111 BARBADOS DR SOUTH2026-03$230,9991,1243.9%
103 EDINBURGH CT2025-06$279,0001,10541.1%

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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 →