The Fair Share Report

60 Scott 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

≈ $327,741

Likely range $312,681 – $376,465, 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 $327,741 home should be assessed near $173,539.

Step 3 · Assessed value

$218,800

Set at the last town-wide revaluation and mostly frozen since. That's $45,261 above what the ratio math suggests (26.1%).

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

$5,667/yr
Public schools$2,654
Ocean County$1,273
Town of Berkeley$1,739
Berkeley average$5,442

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

Town median 46.3%
This home · 66.8%

30%75%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

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

AddressSoldPriceSq ftRatio
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
41 STOCKPORT DR2025-06$380,0001,44660.3%
8 MERRILEE LN2026-04$310,0001,32851.1%
25 CANTERBURY LN2025-03$310,0001,32874.2%
72 NARBERTH WAY2026-02$380,0001,356236.6%
72 NARBERTH WAY2025-04$355,0001,356253.2%
13 THORNTON RD2026-06$315,0001,404133.8%
61 WESTPORT DR2026-03$340,0001,51477.0%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%

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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 →