The Fair Share Report

7 Blyth 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

≈ $344,741

Likely range $293,088 – $411,699, 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 $344,741 home should be assessed near $182,540.

Step 3 · Assessed value

$185,700

Set at the last town-wide revaluation and mostly frozen since. That's $3,160 above what the ratio math suggests (1.7%).

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

$4,810/yr
Public schools$2,253
Ocean County$1,081
Town of Berkeley$1,476
Berkeley average$5,442

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

Town median 46.3%
This home · 53.9%

30%69%

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
41 STOCKPORT DR2025-06$380,0001,44660.3%
7 ALPINA TER2025-10$285,0001,44050.2%
57 SANTIAGO CT2026-04$300,0001,44042.6%
60 WOODSTOCK DR2026-03$320,0001,44050.4%
16 ZAPATA CT2026-01$459,0001,44029.2%
18 LEIGHTON CT2025-08$300,0001,44064.9%
41 WEDGEPORT DR2026-03$475,0001,44048.3%
208 PULASKI BLVD2025-08$399,0001,44049.0%
20 NORANDA ST2025-02$327,0001,44040.0%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%
96 CHESTERFIELD LN2025-09$380,0001,44043.5%

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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 →