The Fair Share Report

5 Carmacks Way

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

≈ $299,348

Likely range $265,139 – $324,328, 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 $299,348 home should be assessed near $158,505.

Step 3 · Assessed value

$136,600

Set at the last town-wide revaluation and mostly frozen since. That's $21,905 below what the ratio math suggests (13.8%).

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

$3,538/yr
Public schools$1,657
Ocean County$795
Town of Berkeley$1,086
Berkeley average$5,442

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

Town median 46.3%
This home · 45.6%

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
165 PULASKI BLVD2026-06$320,0001,32838.3%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
11 SELKIRK AVE2026-02$275,0001,32845.1%
15 ROXTON PL2025-11$250,0001,32849.8%
46 LA DUNETTE DR2025-10$270,0001,32845.4%
6 MANITOBA CT2025-10$295,0001,32841.6%
4 HAITI CT2025-09$295,0001,32842.6%
4 ELMSWELL CT2025-03$428,0001,32837.1%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
94 TROUMAKA ST2025-08$187,0001,32869.0%
72 NARBERTH WAY2026-02$380,0001,356236.6%

Is this your house?

Run your own report →

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 →