The Fair Share Report

48 Whitmore 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

≈ $390,735

Likely range $354,279 – $468,564, 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 $390,735 home should be assessed near $206,894.

Step 3 · Assessed value

$197,600

Set at the last town-wide revaluation and mostly frozen since. That's $9,294 below what the ratio math suggests (4.5%).

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

$5,118/yr
Public schools$2,397
Ocean County$1,150
Town of Berkeley$1,571
Berkeley average$5,442

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

Town median 46.3%
This home · 50.6%

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
10 SEVILLE PL2026-05$245,0001,53153.0%
12 NELSON CT2026-01$420,0001,58044.4%
253 WESTBROOK DR2025-02$382,4001,51434.1%
24 RUTLAND DR2026-04$339,0001,49439.2%
66 LIBERTA DR2025-12$409,9001,60853.3%
227 TWENTY-SECOND AVE2025-04$830,0001,47051.0%
36 BUENA VISA DR2025-03$380,0001,58052.7%
8 SANTIAGO DR WEST2025-03$399,0001,58051.8%
82 SCOTT CT2026-04$530,0001,60444.2%
12 LONGPORT AVE2025-11$715,0001,45249.0%
5 PRINCE CHARLES DR2026-05$383,9991,54547.9%
23 PORT ROYAL DR2025-10$365,0001,59256.0%

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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 →