The Fair Share Report

7 Kendal Dr

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

≈ $325,060

Likely range $298,433 – $387,680, 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 $325,060 home should be assessed near $172,119.

Step 3 · Assessed value

$169,700

Set at the last town-wide revaluation and mostly frozen since. That's $2,419 below what the ratio math suggests (1.4%).

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

$4,395/yr
Public schools$2,058
Ocean County$988
Town of Berkeley$1,349
Berkeley average$5,442

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

Town median 46.3%
This home · 52.2%

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
72 NARBERTH WAY2026-02$380,0001,356236.6%
72 NARBERTH WAY2025-04$355,0001,356253.2%
47 BUTLER AVE2025-09$411,0001,38137.4%
49 WESTPORT DR2025-08$325,0001,36038.7%
23 AUBURN RD2025-08$385,0001,36032.4%
5 EASTON RD2025-04$305,0001,36062.4%
25 TROPICANA CT2025-12$425,0001,36443.7%
77 CHESTERFIELD LN2025-11$307,0001,36449.8%
177 PULASKI BLVD2025-11$320,0001,36448.5%
6 GWYN CT2025-03$350,0001,35648.5%
5 DUXBURY RD2025-08$345,0001,34037.4%
165 PULASKI BLVD2026-06$320,0001,32838.3%

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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 →