The Fair Share Report

6 Barbuda St

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

≈ $281,000

Likely range $260,000 – $309,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,124 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 $281,000 home should be assessed near $148,790.

Step 3 · Assessed value

$109,700

Set at the last town-wide revaluation and mostly frozen since. That's $39,090 below what the ratio math suggests (26.3%).

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

$2,841/yr
Public schools$1,331
Ocean County$638
Town of Berkeley$872
Berkeley average$5,442

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

Town median 46.3%
This home · 39.0%

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
31 CHARLOTTEVILLE DR S2026-02$281,0001,1242.7%
97 FT DE FRANCE AVE2025-10$305,0001,12453.2%
51 BARBADOS DR SOUTH2025-05$260,0001,12453.2%
77 GUADELOUPE DR2025-03$313,0001,12448.6%
7 NORWICH DR2025-01$259,9001,11340.3%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
32 FT DE FRANCE AVE2025-12$265,0001,12442.9%
496 ST THOMAS DR2026-06$273,0001,12440.5%
41 ST DAVID DR2026-03$220,0001,12448.3%
5 LE LAMENTIN DR2026-03$220,0001,12451.9%
160 CHARLOTTEVILLE DR S2025-12$309,0001,12437.9%

Is this your house?

Run your own report →

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 →