The Fair Share Report

49 Whitaker 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

≈ $264,553

Likely range $227,892 – $304,126, 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 $264,553 home should be assessed near $140,081.

Step 3 · Assessed value

$126,200

Set at the last town-wide revaluation and mostly frozen since. That's $13,881 below what the ratio math suggests (9.9%).

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

$3,269/yr
Public schools$1,531
Ocean County$734
Town of Berkeley$1,003
Berkeley average$5,442

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

Town median 46.3%
This home · 47.7%

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
72 MILLBROOK DR2025-08$314,9001,13144.1%
8 REDLANDS CT2026-04$280,0001,12443.4%
21 NOSTRAND DR2026-01$200,0001,15366.8%
8 BASSET DR2025-07$300,0001,09134.3%
15 BROOKFIELD CT2026-02$260,0001,11742.2%
405 COSTA MESA DR2025-06$294,0001,12438.0%
2 BASSET DR2025-05$270,0001,14042.0%
15 TIVOLI ST2025-09$299,9001,12435.0%
2 SHEEPSHEAD DR2025-09$292,0001,15347.2%
205 BONAIRE DR2026-02$258,0001,12442.0%
11 BAHAMIA DR2025-11$244,0001,12443.6%
18 BANNING CT2025-07$235,0001,12461.1%

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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 →