The Fair Share Report

82 Encinitas Dr

Berkeley, NJ 08757

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $326,234

Likely range $259,957 – $374,435, 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 $326,234 home should be assessed near $172,741.

Step 3 · Assessed value

$124,300

Set at the last town-wide revaluation and mostly frozen since. That's $48,441 below what the ratio math suggests (28.0%).

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

$3,219/yr
Public schools$1,508
Ocean County$723
Town of Berkeley$988
Berkeley average$5,442

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

Town median 46.3%
This home · 38.1%

28%68%

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

AddressSoldPriceSq ftRatio
83 CABRILLO BLVD2026-05$335,0001,23237.0%
9 BAHAMIA DR2026-02$320,0001,23237.8%
28 BAHAMIA DR2025-09$400,0001,23230.9%
409 COSTA MESA DR2026-05$360,0001,23236.3%
4 PUERTO VALLARTA ST2026-03$295,0001,23242.3%
8 TIJUANA CT2026-02$260,0001,23245.6%
21 CABRILLO BLVD2025-12$346,0001,23235.5%
7 TIJUANA CT2025-11$270,0001,23244.8%
171 BIABOU DR2025-10$375,0001,23245.7%
14 TIJUANA CT2025-08$265,0001,23243.4%
10 PUERTO VALLARTA ST2025-05$380,0001,23241.2%
101 TORREY PINES DR2025-02$245,0001,23267.9%

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