The Fair Share Report

9 Edinburgh Dr

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

≈ $289,819

Likely range $250,954 – $340,074, 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 $289,819 home should be assessed near $153,459.

Step 3 · Assessed value

$120,000

Set at the last town-wide revaluation and mostly frozen since. That's $33,459 below what the ratio math suggests (21.8%).

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

$3,108/yr
Public schools$1,456
Ocean County$698
Town of Berkeley$954
Berkeley average$5,442

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

Town median 46.3%
This home · 41.4%

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
7 CAMBRIDGE CT2025-05$275,0001,15343.1%
109 EDINBURGH CT2025-07$230,0001,15345.6%
2 STANFORD DR2025-06$250,0001,15353.8%
12 BAY BLVD2025-06$425,0001,23249.7%
32 SUTHERLAND CT2025-12$290,0001,13635.3%
14 WOODBURY CT2025-09$295,0001,13636.3%
103 EDINBURGH CT2025-06$279,0001,10541.1%
7 NORWICH DR2025-01$259,9001,11340.3%
1101 WATERBERRY CT SOUTH2025-10$309,9001,10537.4%
145 SHERMAN AVE2025-08$200,0001,16077.0%
145 SHERMAN AVE2025-04$165,0001,16093.4%
110 GEORGETOWN RD2025-03$265,0001,13540.4%

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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 →