The Fair Share Report

7 Winterton 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

≈ $451,900

Likely range $415,355 – $784,750, 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 $451,900 home should be assessed near $239,281.

Step 3 · Assessed value

$229,000

Set at the last town-wide revaluation and mostly frozen since. That's $10,281 below what the ratio math suggests (4.3%).

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 $2.481 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,681/yr
Public schools$2,661
Ocean County$1,277
Town of Berkeley$1,744
Berkeley average$5,442

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

Town median 46.3%
This home · 50.7%

24%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
329 BAYVIEW AVE2025-01$980,0001,89854.1%
104 BUTLER AVE2025-09$414,0001,88850.3%
24 CHUTNEY ST2026-06$420,0001,82942.2%
124 AMHERST DR2025-06$840,0001,84042.9%
3 STARFISH CT2026-06$425,0001,90450.0%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
92 BUTLER AVE2025-06$447,0001,83247.8%
58 WINTERTON DR2025-05$475,0001,86236.4%
140 SYLVAN LAKE BLVD2025-07$360,0001,83256.6%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
22 DOLPHIN CIRCLE WEST2026-03$580,0001,81743.9%
6 TRAVELER WAY2025-10$820,0001,95551.8%

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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 →