The Fair Share Report

6 Eagle Dr

Berkeley, NJ 08721

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

≈ $428,983

Likely range $318,027 – $520,107, 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 $428,983 home should be assessed near $227,146.

Step 3 · Assessed value

$243,300

Set at the last town-wide revaluation and mostly frozen since. That's $16,154 above what the ratio math suggests (7.1%).

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

$6,301/yr
Public schools$2,951
Ocean County$1,416
Town of Berkeley$1,934
Berkeley average$5,442

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

Town median 46.3%
This home · 56.7%

30%82%

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
OCEAN & 22ND AVE2025-04$807,5001,50455.1%
58 PELICAN DR2025-02$521,5001,50144.8%
44 WESTPORT DR2025-09$365,0001,51435.5%
103 SHEEPSHEAD DR2025-03$434,9001,51431.7%
1 MAPLETON RD2025-07$510,0001,51426.1%
255 CHELSEA AVE2025-03$475,0001,54048.2%
5 KILLINGTON RD2025-11$425,0001,49443.7%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%
4 AUBURN RD2025-04$325,0001,5145.5%
253 WESTBROOK DR2025-02$382,4001,51434.1%
60 WOODSTOCK DR2026-03$320,0001,44050.4%

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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 →