The Fair Share Report

65 Eton Rd

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

≈ $238,676

Likely range $214,220 – $315,937, 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 $238,676 home should be assessed near $126,379.

Step 3 · Assessed value

$95,300

Set at the last town-wide revaluation and mostly frozen since. That's $31,079 below what the ratio math suggests (24.6%).

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%

This home's own bill implies $2.328 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,218/yr
Public schools$1,039
Ocean County$498
Town of Berkeley$681
Berkeley average$5,442

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

Town median 46.3%
This home · 39.9%

25%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
90 WESTBROOK DR2026-01$350,0001,09128.1%
69 ETON RD2025-05$287,7501,09138.6%
83 ETON RD2025-01$252,5001,09142.5%
189 WESTBROOK DR2025-05$285,0001,07440.4%
75 BRAKENBURY DR2025-01$226,0001,07461.0%
18 NORTHUMBERLAND DR2025-10$400,0001,06926.7%
18 NORTHUMBERLAND DR2025-06$212,5001,06950.3%
24 HAMPSHIRE RD2025-12$240,0001,08844.0%
9 CARLISLE RD2026-05$220,0001,05945.1%
343 BARBADOS DR NORTH2025-07$220,0001,09260.6%
80 BRAKENBURY DR2025-07$225,0001,059244.4%
106 BANANIER DR2025-05$314,9001,09244.7%

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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 →