The Fair Share Report

39 St David Dr

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

≈ $264,057

Likely range $211,056 – $315,880, 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 $264,057 home should be assessed near $139,818.

Step 3 · Assessed value

$101,700

Set at the last town-wide revaluation and mostly frozen since. That's $38,118 below what the ratio math suggests (27.3%).

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

$2,634/yr
Public schools$1,234
Ocean County$592
Town of Berkeley$809
Berkeley average$5,442

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

Town median 46.3%
This home · 38.5%

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
496 ST THOMAS DR2026-06$273,0001,12440.5%
41 ST DAVID DR2026-03$220,0001,12448.3%
5 LE LAMENTIN DR2026-03$220,0001,12451.9%
160 CHARLOTTEVILLE DR S2025-12$309,0001,12437.9%
85 BARBADOS DR SOUTH2025-09$343,0001,12432.6%
477 ST THOMAS DR2025-08$220,0001,12451.0%
471 ST THOMAS DR2025-07$309,9001,12434.3%
319 ST THOMAS DR2025-03$265,0001,12439.5%
121 BARBADOS DR SOUTH2025-10$210,0001,12454.0%
62 SCARBOROUGH PL2026-05$265,0001,12441.0%
176 CHARLOTTEVILLE DR S2026-01$285,0001,12438.6%
97 FT DE FRANCE AVE2025-10$305,0001,12453.2%

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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 →