The Fair Share Report

6 Biscayne 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

≈ $284,235

Likely range $241,717 – $332,756, 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 $284,235 home should be assessed near $150,502.

Step 3 · Assessed value

$105,200

Set at the last town-wide revaluation and mostly frozen since. That's $45,302 below what the ratio math suggests (30.1%).

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

$2,725/yr
Public schools$1,276
Ocean County$612
Town of Berkeley$836
Berkeley average$5,442

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

Town median 46.3%
This home · 37.0%

26%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
30 BIABOU DR2026-06$206,5001,12450.9%
96 BONAIRE DR2026-03$280,0001,12442.4%
350 BARBADOS DR NORTH2026-02$185,0001,12461.1%
288 BARBADOS DR NORTH2025-10$269,0001,12445.4%
77 BONAIRE DR2025-10$290,0001,12436.1%
993 JAMAICA BLVD2025-08$240,0001,12447.4%
97 BONAIRE DR2025-08$270,0001,12442.7%
859 JAMAICA BLVD2025-01$365,0001,12443.4%
234 CHARLOTTEVILLE DR N2025-03$245,0001,12658.8%
868 JAMAICA BLVD2025-11$280,0001,12435.4%
8 BRAKENBURY CT2025-07$325,0001,14040.0%
14 SAN SALVADOR ST2025-02$345,0001,12431.9%

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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 →