The Fair Share Report

75 Selkirk Ave

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

≈ $383,848

Likely range $362,634 – $472,376, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,520 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 $383,848 home should be assessed near $203,248.

Step 3 · Assessed value

$134,400

Set at the last town-wide revaluation and mostly frozen since. That's $68,848 below what the ratio math suggests (33.9%).

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

$3,481/yr
Public schools$1,630
Ocean County$782
Town of Berkeley$1,068
Berkeley average$5,442

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

Town median 46.3%
This home · 35.0%

23%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
OCEAN & 22ND AVE2025-04$807,5001,50455.1%
44 WESTPORT DR2025-09$365,0001,51435.5%
103 SHEEPSHEAD DR2025-03$434,9001,51431.7%
1 MAPLETON RD2025-07$510,0001,51426.1%
36 BUENA VISA DR2025-03$380,0001,58052.7%
8 SANTIAGO DR WEST2025-03$399,0001,58051.8%
124 SAN CARLOS ST2025-02$450,0001,44836.8%
5 PRINCE CHARLES DR2026-05$383,9991,54547.9%
253 WESTBROOK DR2025-02$382,4001,51434.1%
1 SHEARWATER HOLLOW2026-03$355,0001,48856.9%
1 SHEARWATER HOLLOW2025-10$200,0001,488100.9%
105 CASTLETON DR2025-12$330,0001,51438.7%

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 →