The Fair Share Report

8 Pulaski Blvd

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

≈ $281,363

Likely range $254,461 – $318,949, 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 $281,363 home should be assessed near $148,982.

Step 3 · Assessed value

$100,100

Set at the last town-wide revaluation and mostly frozen since. That's $48,882 below what the ratio math suggests (32.8%).

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

$2,593/yr
Public schools$1,214
Ocean County$583
Town of Berkeley$796
Berkeley average$5,442

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

Town median 46.3%
This home · 35.6%

26%68%

Keep quiet and enjoy it

This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
15 BROOKFIELD CT2026-02$260,0001,11742.2%
11 LA TERRAZA DR2026-02$275,0001,09255.4%
61 YARDARM CT2026-03$800,0001,08543.6%
66 WINDJAMMER CT2025-10$530,0001,08565.0%
15 FAIRFIELD RD2025-07$325,0001,15336.0%
37 ZEELAND DR2026-05$292,0001,15332.5%
30 ZEELAND DR2025-07$185,0001,15387.0%
27 OAKFIELD RD2025-03$315,0001,15344.3%
72 MILLBROOK DR2025-08$314,9001,13144.1%
103 TWENTY-THIRD AVE #112026-04$827,0001,15648.3%
8 REDLANDS CT2026-04$280,0001,12443.4%
1 MANASSAS DR2025-08$245,0001,15356.5%

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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 →