The Fair Share Report

5 Donna Ct

Berkeley, NJ 08721

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

≈ $553,204

Likely range $492,659 – $656,991, 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 $553,204 home should be assessed near $292,922.

Step 3 · Assessed value

$350,000

Set at the last town-wide revaluation and mostly frozen since. That's $57,078 above what the ratio math suggests (19.5%).

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%

This home's own bill implies $2.519 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,815/yr
Public schools$4,128
Ocean County$1,981
Town of Berkeley$2,706
Berkeley average$5,442

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

Town median 46.3%
This home · 63.3%

30%76%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%
1 OSPREY LANE2025-04$660,0002,00445.2%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
7 COLTON CT2025-06$510,0002,22968.3%
26 SWINDON CT2025-05$478,0002,19845.7%
26 SLOOP CREEK RD2025-05$625,0002,39261.0%
96 BEACH DR2025-10$810,0002,09743.8%
25 LAWRENCE AVE2025-04$560,0001,90451.0%
39 BRITTANY DR2025-12$680,0002,51551.7%
18 SKIMMER LANE2025-07$495,0001,72855.4%

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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 →