The Fair Share Report

7 Andros St

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

≈ $308,000

Likely range $262,470 – $339,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $308,000 home should be assessed near $163,086.

Step 3 · Assessed value

$174,200

Set at the last town-wide revaluation and mostly frozen since. That's $11,114 above what the ratio math suggests (6.8%).

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

$4,512/yr
Public schools$2,113
Ocean County$1,014
Town of Berkeley$1,385
Berkeley average$5,442

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

Town median 46.3%
This home · 56.6%

30%72%

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
32 HARRINGTON DR SOUTH2025-12$339,0001,23239.8%
10 SPANISH WELLS ST2025-11$315,0001,23238.1%
778 JAMAICA BLVD2025-09$200,0001,23261.0%
120 FT DE FRANCE AVE2025-08$330,0001,23237.3%
17 CHRISTIANSTED ST2026-01$262,4701,23245.6%
246 CHARLOTTEVILLE DR N2025-05$245,0001,23249.0%
60 BIABOU DR2026-05$320,0001,23235.3%
959 JAMAICA BLVD2026-03$440,0001,23230.5%
861 JAMAICA BLVD2025-11$308,0001,23242.4%
107 BONAIRE DR2025-05$290,0001,23240.8%
120 BIABOU DR2025-04$378,4501,23231.0%
2 VAN GOGH ST2025-11$263,0001,23244.0%

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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 →