The Fair Share Report

69 Spinnaker Ct

Berkeley, NJ 08844

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

≈ $793,321

Likely range $413,414 – $853,166, 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 $793,321 home should be assessed near $420,063.

Step 3 · Assessed value

$492,200

Set at the last town-wide revaluation and mostly frozen since. That's $72,137 above what the ratio math suggests (17.2%).

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

$12,748/yr
Public schools$5,970
Ocean County$2,865
Town of Berkeley$3,913
Berkeley average$5,442

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

Town median 46.3%
This home · 62.0%

30%125%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
71 TOP SAIL CT2025-08$856,0002,28555.2%
26 SWINDON CT2025-05$478,0002,19845.7%
59 TOP SAIL CT2026-03$965,0002,38850.8%
259 CYPRESS DR2025-08$900,0002,04251.1%
267 CYPRESS DR2025-08$1,151,5002,41848.4%
142 BUTLER BLVD2025-04$555,0002,40843.4%
202 BAY CT2025-09$812,5002,11456.2%
142 PORT ROYAL DR2025-01$360,0002,33043.9%
78 TOP SAIL CT2025-08$665,0001,81963.3%
3 DRAKE DR2025-09$670,0001,88459.9%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
114 DRIFTWOOD DR2026-04$405,0002,03453.4%

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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 →