The Fair Share Report

8 Bucks Ct

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

≈ $371,681

Likely range $340,000 – $400,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,440 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 $371,681 home should be assessed near $196,805.

Step 3 · Assessed value

$185,700

Set at the last town-wide revaluation and mostly frozen since. That's $11,105 below what the ratio math suggests (5.6%).

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

$4,810/yr
Public schools$2,253
Ocean County$1,081
Town of Berkeley$1,476
Berkeley average$5,442

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

Town median 46.3%
This home · 50.0%

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
6 SNOWDON CT2025-12$400,0001,44046.0%
5 CORFU CT2026-04$515,0001,44036.8%
5 CORFU CT2025-10$479,9001,44039.5%
42 PORTSMOUTH DR2025-03$340,0001,44053.1%
97 SANDPIPER DR2025-03$365,0001,39849.6%
62 PINTAIL TRACE2025-05$355,0001,48856.3%
7 ALPINA TER2025-10$285,0001,44050.2%
41 STOCKPORT DR2025-06$380,0001,44660.3%
317 BAYVIEW AVE2025-04$710,0001,43564.7%
117 SANDPIPER LN2026-01$290,0001,44870.6%
110 SANDPIPER LN2025-07$340,0001,41858.1%
57 SANTIAGO CT2026-04$300,0001,44042.6%

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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 →