The Fair Share Report

44 Normanton 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

≈ $310,000

Likely range $283,132 – $341,910, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 sq ft.

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 $310,000 home should be assessed near $164,145.

Step 3 · Assessed value

$209,800

Set at the last town-wide revaluation and mostly frozen since. That's $45,655 above what the ratio math suggests (27.8%).

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

$5,434/yr
Public schools$2,545
Ocean County$1,221
Town of Berkeley$1,668
Berkeley average$5,442

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

Town median 46.3%
This home · 67.7%

30%80%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $1,182/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
23 AUBURN RD2025-08$385,0001,36032.4%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
78 TROUMAKA ST2025-08$246,0001,32851.7%
185 CABRILLO BLVD2025-07$275,0001,32845.2%
5 EASTON RD2025-04$305,0001,36062.4%
20 INNSBRUCK DR2025-08$285,0001,32841.7%
12 OAKFIELD RD2025-10$281,0001,31842.7%
11 DUXBURY RD2025-05$275,0001,31847.8%
23 BURLINGTON CT2025-08$326,1311,36053.4%
193 ORLANDO BLVD2025-06$334,5001,32837.1%

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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 →