The Fair Share Report

6 Cambridge Ct

Berkeley, NJ 08753

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

≈ $280,787

Likely range $243,576 – $310,918, 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 $280,787 home should be assessed near $148,677.

Step 3 · Assessed value

$93,400

Set at the last town-wide revaluation and mostly frozen since. That's $55,277 below what the ratio math suggests (37.2%).

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

$2,419/yr
Public schools$1,133
Ocean County$544
Town of Berkeley$743
Berkeley average$5,442

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

Town median 46.3%
This home · 33.3%

25%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1074 EDGEBROOK DR SOUTH2026-04$255,0001,07439.3%
31 SOUTHAMPTON RD2026-02$255,0001,07939.3%
11 SHERWOOD CT2025-10$280,0001,06737.8%
19 CAMBRIDGE CT2026-06$238,0001,08344.6%
1086 EDGEBROOK DR SOUTH2026-03$310,0001,08332.3%
34 CAMBRIDGE CT2025-12$284,9001,08337.1%
20 FAIRWOOD DR2026-03$450,0001,06448.1%
21 PARK AVE2025-09$375,0001,06062.0%
29 SHERWOOD LN2026-02$248,0001,08340.5%
1111 WATERBERRY CT SOUTH2026-02$299,0001,08335.9%
1 YORK CT2025-12$270,0001,08337.7%
859 EDGEBROOK DR NORTH2025-08$253,5001,08844.2%

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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 →