The Fair Share Report

73 Windjammer Ct

Berkeley, NJ 07866

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

≈ $464,885

Likely range $368,843 – $729,998, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,877 sq ft.

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 $464,885 home should be assessed near $246,157.

Step 3 · Assessed value

$425,600

Set at the last town-wide revaluation and mostly frozen since. That's $179,443 above what the ratio math suggests (72.9%).

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

$11,023/yr
Public schools$5,163
Ocean County$2,477
Town of Berkeley$3,384
Berkeley average$5,442

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

Town median 46.3%
This home · 91.5%

30%121%

A touch high — worth watching

This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
3 DRAKE DR2025-09$670,0001,88459.9%
78 TOP SAIL CT2025-08$665,0001,81963.3%
152 BIABOU DR2025-07$299,9001,85252.0%
89 OCEAN GATE AVE2025-03$730,0001,74052.7%
9 ST FRANCOIS CT2026-04$580,0001,81225.4%
329 BAYVIEW AVE2025-01$980,0001,89854.1%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
104 BUTLER AVE2025-09$414,0001,88850.3%
140 SYLVAN LAKE BLVD2025-07$360,0001,83256.6%
124 AMHERST DR2025-06$840,0001,84042.9%
73 VIRGIN ISLANDS DR2025-05$426,0001,72046.1%
92 BUTLER AVE2025-06$447,0001,83247.8%

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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 →