The Fair Share Report

76 Windjammer Ct

Berkeley, NJ 07031

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

≈ $434,173

Likely range $371,168 – $584,218, 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 $434,173 home should be assessed near $229,895.

Step 3 · Assessed value

$423,000

Set at the last town-wide revaluation and mostly frozen since. That's $193,105 above what the ratio math suggests (84.0%).

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

$10,956/yr
Public schools$5,131
Ocean County$2,462
Town of Berkeley$3,363
Berkeley average$5,442

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

Town median 46.3%
This home · 97.4%

30%119%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $5,001/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
89 OCEAN GATE AVE2025-03$730,0001,74052.7%
78 TOP SAIL CT2025-08$665,0001,81963.3%
73 VIRGIN ISLANDS DR2025-05$426,0001,72046.1%
13 CANARIES CT2025-08$490,0001,76234.4%
4 PEBBLE BEACH CT2026-06$255,0001,71248.4%
4 PEBBLE BEACH CT2026-04$175,0001,71270.6%
85 SAN CARLOS ST2025-04$235,0001,77661.3%
9 ST FRANCOIS CT2026-04$580,0001,81225.4%
37 BUTLER AVE2026-03$415,0001,73247.3%
9 TEMPLETON ST2025-06$450,0001,65646.3%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
96 SANDPIPER DR2026-01$390,0001,72651.4%

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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 →