The Fair Share Report

80 Spinnaker Ct

Berkeley, NJ 07054

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

≈ $326,434

Likely range $266,116 – $380,467, 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 $326,434 home should be assessed near $172,847.

Step 3 · Assessed value

$358,700

Set at the last town-wide revaluation and mostly frozen since. That's $185,853 above what the ratio math suggests (107.5%).

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

$9,290/yr
Public schools$4,351
Ocean County$2,088
Town of Berkeley$2,852
Berkeley average$5,442

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

Town median 46.3%
This home · 109.9%

30%140%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $4,814/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
79 TOP SAIL CT2025-10$775,0001,36639.4%
73 SHEEPSHEAD DR2025-09$307,0001,36050.3%
73 WHITMORE DR2025-08$355,0001,36042.6%
128 WESTPORT DR2026-01$260,0001,36047.6%
25 BENNINGTON DR2025-01$250,0001,36072.4%
18 PULASKI BLVD2026-06$290,0001,36443.1%
46 AUBURN RD2025-11$307,5001,36039.6%
18 WESTPORT DR2025-09$330,0001,36039.1%
16 LA COMBE TERR2026-05$170,0001,36474.4%
82 SPINNAKER CT2025-11$735,0001,40150.6%
7 BEAVERBROOK DR2025-09$339,5001,40443.5%
14 CORTLANDT DR2025-03$382,5001,40439.0%

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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 →