The Fair Share Report

5 Killington Rd

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

≈ $306,369

Likely range $250,431 – $356,596, 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 $306,369 home should be assessed near $162,222.

Step 3 · Assessed value

$140,700

Set at the last town-wide revaluation and mostly frozen since. That's $21,522 below what the ratio math suggests (13.3%).

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

$3,644/yr
Public schools$1,707
Ocean County$819
Town of Berkeley$1,119
Berkeley average$5,442

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

Town median 46.3%
This home · 45.9%

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
128 WESTPORT DR2026-01$260,0001,36047.6%
25 BENNINGTON DR2025-01$250,0001,36072.4%
46 AUBURN RD2025-11$307,5001,36039.6%
18 WESTPORT DR2025-09$330,0001,36039.1%
73 SHEEPSHEAD DR2025-09$307,0001,36050.3%
73 WHITMORE DR2025-08$355,0001,36042.6%
18 PULASKI BLVD2026-06$290,0001,36443.1%
79 TOP SAIL CT2025-10$775,0001,36639.4%
16 LA COMBE TERR2026-05$170,0001,36474.4%
5 DUXBURY RD2025-08$345,0001,34037.4%
193 ORLANDO BLVD2025-06$334,5001,32837.1%
1 SOUTH POINT CT2025-01$355,0001,32843.1%

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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 →