The Fair Share Report

59 Eton 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

≈ $265,000

Likely range $225,000 – $290,807, from 12 comparable Berkeley sales in the past 18 months, at this home's 971 sq ft.

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 $265,000 home should be assessed near $140,318.

Step 3 · Assessed value

$98,700

Set at the last town-wide revaluation and mostly frozen since. That's $41,618 below what the ratio math suggests (29.7%).

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

$2,556/yr
Public schools$1,197
Ocean County$574
Town of Berkeley$785
Berkeley average$5,442

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

Town median 46.3%
This home · 37.2%

28%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
57 ETON RD2026-04$280,00097136.1%
18 BOLINGBROKE DR2025-01$235,00097162.7%
23 ETON RD2025-03$225,00097155.8%
38 NORTHUMBERLAND DR2025-12$200,00099050.3%
10 SURREY CT2025-02$295,00098534.5%
3 CALDWELL DR2026-03$279,00097146.3%
4 CHANCELLOR CT2025-11$249,00097136.6%
9 HAMILTON CT2026-04$225,00097145.7%
88 WESTBROOK DR2025-04$285,0001,03147.8%
28 STANFORD CT EAST2025-10$324,90097132.1%
63 BRAKENBURY DR2026-04$265,00097135.8%
6 BIMINI DR2026-04$343,0001,03430.1%

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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 →