The Fair Share Report

7 Witham 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

≈ $369,961

Likely range $332,255 – $397,915, 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 $369,961 home should be assessed near $195,894.

Step 3 · Assessed value

$181,000

Set at the last town-wide revaluation and mostly frozen since. That's $14,894 below what the ratio math suggests (7.6%).

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 $2.452 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,438/yr
Public schools$2,078
Ocean County$997
Town of Berkeley$1,362
Berkeley average$5,442

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

Town median 46.3%
This home · 48.9%

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
97 SANDPIPER DR2025-03$365,0001,39849.6%
110 SANDPIPER LN2025-07$340,0001,41858.1%
6 SNOWDON CT2025-12$400,0001,44046.0%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
5 CORFU CT2026-04$515,0001,44036.8%
5 CORFU CT2025-10$479,9001,44039.5%
42 PORTSMOUTH DR2025-03$340,0001,44053.1%
38 KINKORA CT WEST2026-03$329,0001,44038.9%
51 WINTERTON DR2026-01$387,0001,50938.7%
351 JAMAICA BLVD2025-11$399,5001,50941.3%
6 GWYN CT2025-03$350,0001,35648.5%
10 LITTLETON RD2025-11$299,5001,4044.8%

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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 →