The Fair Share Report

6 Augusta 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

≈ $334,000

Likely range $275,000 – $349,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $334,000 home should be assessed near $176,853.

Step 3 · Assessed value

$128,800

Set at the last town-wide revaluation and mostly frozen since. That's $48,053 below what the ratio math suggests (27.2%).

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

$3,336/yr
Public schools$1,562
Ocean County$750
Town of Berkeley$1,024
Berkeley average$5,442

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

Town median 46.3%
This home · 38.6%

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
260 COSTA MESA DR2025-09$349,9001,23252.9%
26 PINE VALLEY DR2025-07$345,0001,23234.8%
289 COSTA MESA DR2026-02$272,5001,23245.8%
227 TORREY PINES DR2025-10$349,0001,23236.9%
3 REDLANDS CT2025-08$375,0001,23233.9%
1 CARDIFF CT2025-08$256,0001,23246.0%
177 CABRILLO BLVD2025-03$335,0001,23241.3%
219 TORREY PINES DR2025-01$280,0001,23244.3%
374 PORT ROYAL DR2025-11$281,0001,23244.0%
380 PORT ROYAL DR2025-05$256,5001,23267.6%
9 BANNING CT2025-08$275,0001,23260.5%
76 TROUMAKA ST2026-05$286,0001,23240.9%

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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 →