The Fair Share Report

83 Windjammer Ct

Berkeley, NJ 08721

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

≈ $286,801

Likely range $258,267 – $335,296, 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 $286,801 home should be assessed near $151,861.

Step 3 · Assessed value

$305,000

Set at the last town-wide revaluation and mostly frozen since. That's $153,139 above what the ratio math suggests (100.8%).

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

$7,900/yr
Public schools$3,700
Ocean County$1,775
Town of Berkeley$2,425
Berkeley average$5,442

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

Town median 46.3%
This home · 106.3%

30%124%

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 $3,966/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
61 YARDARM CT2026-03$800,0001,08543.6%
66 WINDJAMMER CT2025-10$530,0001,08565.0%
3 BASSET CT2025-01$290,0001,03134.3%
125 RODHOS ST2026-04$270,0001,03440.1%
11 LA TERRAZA DR2026-02$275,0001,09255.4%
18 CABRILLO BLVD2026-04$325,0001,03448.2%
15 BROOKFIELD CT2026-02$260,0001,11742.2%
8 BASSET DR2025-07$300,0001,09134.3%
9 CARLISLE RD2026-05$220,0001,05945.1%
7 VENEZIA ST2025-07$330,0001,05748.6%
88 WESTBROOK DR2025-04$285,0001,03147.8%
81 PUERTO VALLARTA ST2025-08$269,0001,03440.9%

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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 →