The Fair Share Report

8 Centerboard Dr

Berkeley, NJ 08016

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

≈ $517,405

Likely range $431,928 – $811,692, 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 $517,405 home should be assessed near $273,966.

Step 3 · Assessed value

$424,100

Set at the last town-wide revaluation and mostly frozen since. That's $150,134 above what the ratio math suggests (54.8%).

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

$10,984/yr
Public schools$5,144
Ocean County$2,468
Town of Berkeley$3,372
Berkeley average$5,442

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

Town median 46.3%
This home · 82.0%

30%104%

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
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
6 TRAVELER WAY2025-10$820,0001,95551.8%
114 DRIFTWOOD DR2026-04$405,0002,03453.4%
202 BAY CT2025-09$812,5002,11456.2%
3 STARFISH CT2026-06$425,0001,90450.0%
259 CYPRESS DR2025-08$900,0002,04251.1%
104 BUTLER AVE2025-09$414,0001,88850.3%
26 SWINDON CT2025-05$478,0002,19845.7%
92 BUTLER AVE2025-06$447,0001,83247.8%
58 WINTERTON DR2025-05$475,0001,86236.4%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%

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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 →