The Fair Share Report

79 Barbuda St

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

≈ $264,427

Likely range $223,498 – $282,599, 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 $264,427 home should be assessed near $140,014.

Step 3 · Assessed value

$107,000

Set at the last town-wide revaluation and mostly frozen since. That's $33,014 below what the ratio math suggests (23.6%).

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

$2,771/yr
Public schools$1,298
Ocean County$623
Town of Berkeley$851
Berkeley average$5,442

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

Town median 46.3%
This home · 40.5%

30%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
429 ST THOMAS DR2026-03$260,0001,14743.1%
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
21 CHRISTIANSTED ST2025-09$225,0001,12642.4%
46 FALMOUTH ST2025-01$215,0001,12664.7%
62 SCARBOROUGH PL2026-05$265,0001,12441.0%
176 CHARLOTTEVILLE DR S2026-01$285,0001,12438.6%
178 CHARLOTTEVILLE DR S2025-07$180,0001,12461.9%
528 JAMAICA BLVD2025-07$325,0001,12452.1%
126 BARBUDA ST2025-04$326,0001,12432.0%
130 BARBUDA ST2025-03$258,0001,12442.1%
462 JAMAICA BLVD2025-02$260,0001,12456.1%

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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 →