The Fair Share Report

9 Garrett Rd

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

≈ $329,552

Likely range $266,683 – $391,945, 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 $329,552 home should be assessed near $174,498.

Step 3 · Assessed value

$128,200

Set at the last town-wide revaluation and mostly frozen since. That's $46,298 below what the ratio math suggests (26.5%).

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%

This home's own bill implies $2.395 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,070/yr
Public schools$1,438
Ocean County$690
Town of Berkeley$942
Berkeley average$5,442

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

Town median 46.3%
This home · 38.9%

27%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
12 OAKFIELD RD2025-10$281,0001,31842.7%
11 DUXBURY RD2025-05$275,0001,31847.8%
OCEAN & 22ND AVE2025-01$915,0001,26357.5%
169 PULASKI BLVD2025-08$359,9901,23239.0%
50 PARADISE BLVD2026-03$262,0001,23246.9%
193 ORLANDO BLVD2025-06$334,5001,32837.1%
1 SOUTH POINT CT2025-01$355,0001,32843.1%
5 DUXBURY RD2025-08$345,0001,34037.4%
12 DAWN WAY2025-06$285,0001,23252.2%
91 WINDJAMMER CT2025-08$650,0001,32053.5%
72 STORM JIB CT2025-07$595,0001,32065.9%
10 LYFORD CT2025-08$266,0001,23246.0%

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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 →