The Fair Share Report

6 Encinitas Dr

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

≈ $317,937

Likely range $299,888 – $372,933, 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 $317,937 home should be assessed near $168,348.

Step 3 · Assessed value

$141,800

Set at the last town-wide revaluation and mostly frozen since. That's $26,548 below what the ratio math suggests (15.8%).

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

$3,673/yr
Public schools$1,720
Ocean County$825
Town of Berkeley$1,127
Berkeley average$5,442

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

Town median 46.3%
This home · 44.6%

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
24 SELKIRK AVE2025-09$340,0001,36437.1%
6 GRAMERCY CT2025-03$365,0001,36442.6%
154 BONAIRE DR2026-03$400,0001,36434.3%
119 HYANNIS ST2025-09$262,0001,36447.7%
23 SANTA FE CT2025-06$415,0001,36444.0%
23 AUGUSTA CT2025-04$306,5001,36441.4%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
94 HYANNIS ST2025-02$220,0001,32881.6%
1 ALBONITO DR2025-12$250,0001,32850.0%
246 CABRILLO BLVD2025-10$345,0001,36435.6%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%

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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 →