The Fair Share Report

77 Westbrook Dr

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

≈ $308,658

Likely range $280,321 – $340,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,318 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 $308,658 home should be assessed near $163,434.

Step 3 · Assessed value

$184,800

Set at the last town-wide revaluation and mostly frozen since. That's $21,366 above what the ratio math suggests (13.1%).

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

$4,786/yr
Public schools$2,242
Ocean County$1,076
Town of Berkeley$1,469
Berkeley average$5,442

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

Town median 46.3%
This home · 59.9%

30%71%

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
49 ETON RD2026-05$315,2001,31838.0%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
111 LANGLEY CT2025-07$409,0001,31831.8%
143 WESTBROOK DR2025-06$290,0001,31839.9%
41 ETON RD2025-07$343,5001,33835.2%
4 ROMAN ST2025-03$385,0001,32844.6%
6 COVENTRY RD2025-09$240,0001,34047.3%
10 MARATHON ST2026-01$320,0001,32839.0%
162 HARRINGTON DR NORTH2026-02$295,0001,32840.9%
17 TORTOLA ST2025-04$311,0001,32840.2%
60 CARLISLE RD2025-04$340,0001,31836.1%

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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 →