The Fair Share Report

39 Pirogue St

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

≈ $338,000

Likely range $252,716 – $385,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 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 $338,000 home should be assessed near $178,971.

Step 3 · Assessed value

$123,200

Set at the last town-wide revaluation and mostly frozen since. That's $55,771 below what the ratio math suggests (31.2%).

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 $2.387 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,941/yr
Public schools$1,377
Ocean County$661
Town of Berkeley$903
Berkeley average$5,442

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

Town median 46.3%
This home · 36.4%

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
94 HYANNIS ST2025-02$220,0001,32881.6%
33 WHITMORE DR2026-03$255,0001,34051.8%
55 WHITMORE DR2026-01$363,0001,32740.7%
9 MORONGO CT2026-03$338,0001,32835.7%
33 PIROGUE ST2026-03$255,0001,36447.0%
4 ROMAN ST2025-03$385,0001,32844.6%
8 AUGUSTA CT2026-01$290,0001,32843.0%
11 WHITAKER DR2025-12$370,0001,31841.2%
5 SHEEPSHEAD DR2026-05$440,0001,34033.7%
2 HYANNIS ST2026-04$307,0001,32840.5%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
6 COVENTRY RD2025-09$240,0001,34047.3%

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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 →