The Fair Share Report

69 Brussels Ct

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

≈ $307,413

Likely range $274,071 – $432,969, 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 $307,413 home should be assessed near $162,775.

Step 3 · Assessed value

$152,200

Set at the last town-wide revaluation and mostly frozen since. That's $10,575 below what the ratio math suggests (6.5%).

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

$3,942/yr
Public schools$1,846
Ocean County$886
Town of Berkeley$1,210
Berkeley average$5,442

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

Town median 46.3%
This home · 49.5%

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
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
8 LA TERRAZA DR2025-10$250,0001,23248.1%
397 BAYVIEW AVE2025-07$525,0001,24672.7%
16 PAVILION ST2025-11$335,0001,26434.4%
211 BONAIRE DR2026-05$305,0001,26437.4%
25 DAVENPORT RD W2025-12$350,0001,23234.2%
54 GORGINIO DR2025-07$400,0001,23244.3%
54 GORGINIO DR2025-03$253,0001,23270.1%
2108 CENTRAL AVE 102025-08$649,0001,22542.9%
7 LE DIAMANT ST2025-10$300,0001,26442.9%
3 MUIRHEAD ST2025-10$270,0001,23246.0%
2 PECHANGA ST2026-01$275,0001,23246.0%

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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 →