The Fair Share Report

64 Freeport Blvd

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

≈ $255,693

Likely range $245,812 – $337,062, 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 $255,693 home should be assessed near $135,389.

Step 3 · Assessed value

$132,500

Set at the last town-wide revaluation and mostly frozen since. That's $2,889 below what the ratio math suggests (2.1%).

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

$3,432/yr
Public schools$1,607
Ocean County$771
Town of Berkeley$1,053
Berkeley average$5,442

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

Town median 46.3%
This home · 51.8%

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
136 ORLANDO BLVD2026-03$252,0001,32850.4%
9 CLAREMONT ST2025-09$250,0001,32849.3%
8 VIRGIN ISLANDS DR2025-04$285,0001,32842.8%
10 VIRGIN ISLANDS DR2025-02$410,0001,32835.7%
37 ORLANDO BLVD2025-01$362,5001,32832.9%
154 DAVENPORT RD2026-06$251,5001,32848.5%
31 SAN CARLOS ST2025-09$390,0001,32844.4%
26 BUENA VISA DR2025-07$255,0001,32869.7%
27 SELKIRK AVE2025-06$309,9001,32837.7%
8 DORAL DR2025-06$240,0001,32878.1%
191 FREEPORT BLVD2025-04$260,0001,32866.3%
3 CHOPIN CT2025-03$330,0001,32835.4%

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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 →