The Fair Share Report

7 Westgate 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

≈ $408,839

Likely range $366,020 – $441,182, 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 $408,839 home should be assessed near $216,480.

Step 3 · Assessed value

$230,500

Set at the last town-wide revaluation and mostly frozen since. That's $14,020 above what the ratio math suggests (6.5%).

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%

This home's own bill implies $2.482 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,720/yr
Public schools$2,679
Ocean County$1,285
Town of Berkeley$1,756
Berkeley average$5,442

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

Town median 46.3%
This home · 56.4%

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
32 TOPPINGLIFT DR2026-01$619,8881,71065.3%
127 SYLVAN LAKE BLVD2025-08$439,0001,72644.9%
96 SANDPIPER DR2026-01$390,0001,72651.4%
4 PEBBLE BEACH CT2026-06$255,0001,71248.4%
4 PEBBLE BEACH CT2026-04$175,0001,71270.6%
37 BUTLER AVE2026-03$415,0001,73247.3%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
89 OCEAN GATE AVE2025-03$730,0001,74052.7%
16 MERRILEE LN2025-11$393,0001,65242.8%
140 SYLVAN LAKE BLVD2025-07$360,0001,83256.6%
54 CANTERBURY LN2025-07$415,0001,61545.6%
91 WESTPORT DR2026-02$385,0001,72443.0%

Is this your house?

Run your own report →

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 →