The Fair Share Report

6 Eve Pl

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

≈ $368,090

Likely range $337,123 – $423,102, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,406 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 $368,090 home should be assessed near $194,904.

Step 3 · Assessed value

$152,300

Set at the last town-wide revaluation and mostly frozen since. That's $42,604 below what the ratio math suggests (21.9%).

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

$3,945/yr
Public schools$1,847
Ocean County$886
Town of Berkeley$1,211
Berkeley average$5,442

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

Town median 46.3%
This home · 41.4%

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
97 SANDPIPER DR2025-03$365,0001,39849.6%
5 CORFU CT2026-04$515,0001,44036.8%
5 CORFU CT2025-10$479,9001,44039.5%
6 SNOWDON CT2025-12$400,0001,44046.0%
110 SANDPIPER LN2025-07$340,0001,41858.1%
6 GWYN CT2025-03$350,0001,35648.5%
42 PORTSMOUTH DR2025-03$340,0001,44053.1%
317 BAYVIEW AVE2025-04$710,0001,43564.7%
37 BROOKFIELD CT2025-12$422,5001,40429.6%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
16 SHERIDAN RD2025-10$379,9001,45140.4%
10 STROUD CT2026-04$365,0001,50949.4%

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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 →