The Fair Share Report

4 Blyth 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

≈ $387,180

Likely range $332,087 – $433,287, 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 $387,180 home should be assessed near $205,012.

Step 3 · Assessed value

$212,400

Set at the last town-wide revaluation and mostly frozen since. That's $7,388 above what the ratio math suggests (3.6%).

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

$5,501/yr
Public schools$2,576
Ocean County$1,236
Town of Berkeley$1,689
Berkeley average$5,442

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

Town median 46.3%
This home · 54.9%

30%69%

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
5 TRENT DR2025-02$330,0001,61565.2%
122 WESTPORT DR2025-10$425,0001,60336.9%
11 OLSTINS CT2026-05$355,0001,63839.8%
8 THRONBURY CT2025-09$405,0001,60140.9%
83 WOODSTOCK DR2025-06$384,0001,61545.6%
47 NARBERTH WAY2025-12$410,0001,54553.7%
64 CANTERBURY LN2025-06$390,0001,56447.4%
1 MAPLETON RD2025-07$510,0001,51426.1%
106 NARBERTH WAY2025-08$320,0001,50968.3%
10 COLWYN WAY2025-11$495,0001,50938.2%
51 TRENT DR2026-03$310,0001,63855.4%
44 WESTPORT DR2025-09$365,0001,51435.5%

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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 →