The Fair Share Report

69 Yardarm Ct

Berkeley, NJ 08721

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

≈ $339,018

Likely range $300,679 – $600,409, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,332 sq ft.

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 $339,018 home should be assessed near $179,510.

Step 3 · Assessed value

$345,100

Set at the last town-wide revaluation and mostly frozen since. That's $165,590 above what the ratio math suggests (92.2%).

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

$8,938/yr
Public schools$4,186
Ocean County$2,008
Town of Berkeley$2,744
Berkeley average$5,442

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

Town median 46.3%
This home · 101.8%

30%120%

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
91 WINDJAMMER CT2025-08$650,0001,32053.5%
72 STORM JIB CT2025-07$595,0001,32065.9%
193 ORLANDO BLVD2025-06$334,5001,32837.1%
1 SOUTH POINT CT2025-01$355,0001,32843.1%
221 ORLANDO BLVD2026-06$250,0001,32849.0%
390 BAYVIEW AVE2026-06$700,3901,32050.0%
73 SHEEPSHEAD DR2025-09$307,0001,36050.3%
73 WHITMORE DR2025-08$355,0001,36042.6%
9 MORONGO CT2026-03$338,0001,32835.7%
5 DUXBURY RD2025-08$345,0001,34037.4%
8 AUGUSTA CT2026-01$290,0001,32843.0%
8 MERRILEE LN2026-04$310,0001,32851.1%

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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 →