The Fair Share Report

40 Winterton 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

≈ $396,816

Likely range $366,749 – $515,133, 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 $396,816 home should be assessed near $210,114.

Step 3 · Assessed value

$176,700

Set at the last town-wide revaluation and mostly frozen since. That's $33,414 below what the ratio math suggests (15.9%).

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

$4,577/yr
Public schools$2,143
Ocean County$1,028
Town of Berkeley$1,405
Berkeley average$5,442

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

Town median 46.3%
This home · 44.5%

29%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
122 WESTPORT DR2025-10$425,0001,60336.9%
28 COHANSEY DR2026-04$477,0001,50931.4%
154 PRINCE CHARLES DR2025-10$398,0001,61547.0%
71 WINTERTON DR2026-05$329,9001,50245.0%
11 NAUTICAL CT2025-12$415,0001,55746.6%
18 BLUE HERON LANE2025-05$585,0001,57944.0%
24 BLUE HERON LANE2025-03$565,6001,57945.0%
12 BLUE HERON LANE2025-08$582,9001,56542.7%
20 SHERIDAN RD2025-04$370,0001,59543.6%
88 PORTSMOUTH DR2025-01$365,0001,54550.9%
10 STROUD CT2026-04$365,0001,50949.4%
1 CARDIGAN DR2025-07$445,0001,61542.0%

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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 →