The Fair Share Report

39 Corinth Pl

Berkeley, NJ 08733

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $265,000

Likely range $220,675 – $323,982, 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 $265,000 home should be assessed near $140,318.

Step 3 · Assessed value

$97,000

Set at the last town-wide revaluation and mostly frozen since. That's $43,318 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%

Step 5 · The bill

$2,512/yr
Public schools$1,177
Ocean County$565
Town of Berkeley$771
Berkeley average$5,442

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

Town median 46.3%
This home · 36.6%

24%68%

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

AddressSoldPriceSq ftRatio
38 ROMAN ST2026-03$242,5001,09243.2%
7 AZTEC CT2025-06$274,5001,09240.7%
18 ROMAN ST2025-06$338,0001,09231.1%
64 PUERTO VALLARTA ST2025-04$227,5001,09248.4%
848 JAMAICA BLVD2025-10$265,0001,09239.9%
17 PALMETTO PT ST2025-06$226,5001,09244.1%
106 BANANIER DR2025-05$314,9001,09244.7%
5 NORFOLK DR2025-02$279,0001,10737.6%
343 BARBADOS DR NORTH2025-07$220,0001,09260.6%
302 BARBADOS DR NORTH2025-07$255,0001,09243.4%
23 MARATHON ST2025-07$250,0001,09238.8%
802 JAMAICA BLVD2025-05$320,0001,09251.1%

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