The Fair Share Report

44 Cambridge Ct

Berkeley, NJ 07753

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

≈ $278,425

Likely range $245,708 – $391,386, 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 $278,425 home should be assessed near $147,426.

Step 3 · Assessed value

$91,800

Set at the last town-wide revaluation and mostly frozen since. That's $55,626 below what the ratio math suggests (37.7%).

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

$2,378/yr
Public schools$1,114
Ocean County$534
Town of Berkeley$730
Berkeley average$5,442

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

Town median 46.3%
This home · 33.0%

18%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
21 PARK AVE2025-09$375,0001,06062.0%
20 FAIRWOOD DR2026-03$450,0001,06448.1%
1074 EDGEBROOK DR SOUTH2026-04$255,0001,07439.3%
11 SHERWOOD CT2025-10$280,0001,06737.8%
31 SOUTHAMPTON RD2026-02$255,0001,07939.3%
19 CAMBRIDGE CT2026-06$238,0001,08344.6%
1086 EDGEBROOK DR SOUTH2026-03$310,0001,08332.3%
34 CAMBRIDGE CT2025-12$284,9001,08337.1%
27 CARVER ST2025-11$368,0001,04451.4%
106 SURF DR2025-05$1,500,0001,06032.9%
1046 EDGEBROOK DR EAST2026-03$215,0001,03146.3%
1042 EDGEBROOK DR EAST2025-03$245,0001,03142.1%

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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 →