The Fair Share Report

4 Corinth Pl

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

≈ $293,841

Likely range $246,561 – $345,384, 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 $293,841 home should be assessed near $155,589.

Step 3 · Assessed value

$121,800

Set at the last town-wide revaluation and mostly frozen since. That's $33,789 below what the ratio math suggests (21.7%).

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

$3,155/yr
Public schools$1,477
Ocean County$709
Town of Berkeley$968
Berkeley average$5,442

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

Town median 46.3%
This home · 41.5%

30%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
2 VAN GOGH ST2025-11$263,0001,23244.0%
16 ELDORADO ST2025-08$325,0001,23239.5%
16 MIRADOR CT2026-04$335,0001,23246.3%
170 PORT ROYAL DR2026-01$250,0001,23249.7%
38 MARQUIS ST2026-01$270,0001,23244.0%
10 AZTEC CT2025-11$272,5001,23243.4%
3 TIVOLI ST2025-08$377,5001,23233.9%
7 SANTA FE CT2025-08$245,0001,23247.6%
26 MARACAIBO PL2025-02$326,0001,23238.2%
4 VALENCIA ST2025-07$347,0001,23233.6%
1005 CAMINO REAL CT2025-02$292,0001,23261.0%
193 BIABOU DR2026-03$342,5001,23233.1%

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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 →