The Fair Share Report

52 Normanton Ct

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

≈ $410,000

Likely range $353,582 – $498,991, 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 $410,000 home should be assessed near $217,095.

Step 3 · Assessed value

$202,200

Set at the last town-wide revaluation and mostly frozen since. That's $14,895 below what the ratio math suggests (6.9%).

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

$5,237/yr
Public schools$2,453
Ocean County$1,177
Town of Berkeley$1,607
Berkeley average$5,442

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

Town median 46.3%
This home · 49.3%

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
141 GRAND CENTRAL PKWY2026-05$470,0001,55147.8%
423 RIVERSIDE DR2025-12$490,0001,56044.2%
5 PRINCE CHARLES DR2026-05$383,9991,54547.9%
47 NARBERTH WAY2025-12$410,0001,54553.7%
210 CHELSEA AVE2025-06$515,0001,54846.4%
4 AUBURN RD2025-04$325,0001,5145.5%
1 SOPHIA CT2025-08$390,0001,54538.9%
351 WESTERN BLVD2026-04$519,5001,54846.5%
255 CHELSEA AVE2025-03$475,0001,54048.2%
1 WESTPORT DR2026-04$425,0001,51451.0%
61 WESTPORT DR2026-03$340,0001,51477.0%
44 WESTPORT DR2025-09$365,0001,51435.5%

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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 →