The Fair Share Report

67 Encinitas Dr

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

≈ $367,245

Likely range $315,079 – $440,395, 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 $367,245 home should be assessed near $194,456.

Step 3 · Assessed value

$157,100

Set at the last town-wide revaluation and mostly frozen since. That's $37,356 below what the ratio math suggests (19.2%).

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

$4,069/yr
Public schools$1,906
Ocean County$914
Town of Berkeley$1,249
Berkeley average$5,442

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

Town median 46.3%
This home · 42.8%

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
431 COSTA MESA DR2025-07$395,0001,47247.8%
12 LONGPORT AVE2025-11$715,0001,45249.0%
5 RODHOS ST2026-03$425,0001,44049.1%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
145 PORT ROYAL DR2025-04$335,0001,44041.0%
53 WHITAKER DR2025-10$435,0001,49435.0%
67 STORM JIB CT2025-04$795,0001,46051.3%
253 WESTBROOK DR2025-02$382,4001,51434.1%
41 NOSTRAND DR2026-05$305,0001,40450.5%
266 WESTBROOK DR2025-11$315,0001,40447.8%

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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 →