The Fair Share Report

9 Aruba Ct

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

≈ $262,720

Likely range $243,480 – $301,905, 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 $262,720 home should be assessed near $139,110.

Step 3 · Assessed value

$108,200

Set at the last town-wide revaluation and mostly frozen since. That's $30,910 below what the ratio math suggests (22.2%).

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

$2,802/yr
Public schools$1,312
Ocean County$630
Town of Berkeley$860
Berkeley average$5,442

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

Town median 46.3%
This home · 41.2%

30%68%

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
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
186 CHARLOTTEVILLE DR S2025-10$249,9001,12444.9%
487 JAMAICA BLVD2025-10$325,0001,12432.3%
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
429 ST THOMAS DR2026-03$260,0001,14743.1%
106 FT DE FRANCE AVE2026-04$241,0001,12447.3%
332 CURACAO ST2025-08$165,0001,12484.1%
82 FT DE FRANCE AVE2025-10$350,0001,12430.6%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
1155 EDGEBROOK DR SOUTH2026-01$269,9001,15343.2%

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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 →