The Fair Share Report

70 Eton Rd

Berkeley, NJ 08755

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

≈ $286,289

Likely range $245,551 – $327,937, 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 $286,289 home should be assessed near $151,590.

Step 3 · Assessed value

$100,000

Set at the last town-wide revaluation and mostly frozen since. That's $51,590 below what the ratio math suggests (34.0%).

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

$2,590/yr
Public schools$1,213
Ocean County$582
Town of Berkeley$795
Berkeley average$5,442

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

Town median 46.3%
This home · 34.9%

25%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
90 WESTBROOK DR2026-01$350,0001,09128.1%
69 ETON RD2025-05$287,7501,09138.6%
83 ETON RD2025-01$252,5001,09142.5%
25 WILLOUGHBY CT2025-01$278,0001,13941.7%
1 HAMPSHIRE RD2026-05$315,0001,12133.7%
160 WESTBROOK DR2026-05$210,0001,12151.4%
1 HAMPSHIRE RD2025-08$205,0001,12151.8%
112 NORTHUMBERLAND DR2025-06$215,0001,12150.0%
18 ELY CT2025-05$327,9001,12151.4%
22 DOWN CT2026-04$330,0001,14030.7%
36 HATFIELD RD2025-05$290,0001,14037.1%
106 NORTHUMBERLAND DR2025-11$325,0001,12234.7%

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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 →