The Fair Share Report

62 Pintail Trace

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

≈ $396,649

Likely range $368,857 – $429,274, 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 $396,649 home should be assessed near $210,026.

Step 3 · Assessed value

$199,900

Set at the last town-wide revaluation and mostly frozen since. That's $10,126 below what the ratio math suggests (4.8%).

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

$5,177/yr
Public schools$2,425
Ocean County$1,163
Town of Berkeley$1,589
Berkeley average$5,442

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

Town median 46.3%
This home · 50.4%

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
17 CARDIGAN DR2025-04$367,5001,63952.9%
17 SHEFFIELD DR2026-04$365,0001,61550.9%
148 CHESTERFIELD LN2026-04$364,0001,61550.7%
154 PRINCE CHARLES DR2025-10$398,0001,61547.0%
25 PORTSMOUTH DR2025-06$388,0001,61547.8%
4 SYMPHONY AVE2026-06$410,0001,68751.6%
10 BOLTON CT2026-04$385,0001,61548.3%
52 CANTERBURY LN2026-02$400,0001,61547.1%
24 LAMBERT WAY2025-12$380,0001,61549.0%
156 PRINCE CHARLES DR2025-11$372,1001,61549.9%
235 PRINCE CHARLES CT2025-11$419,0001,61518.5%
10 CARDIGAN DR2025-11$420,0001,61544.2%

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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 →