The Fair Share Report

95 Wright Dr

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

≈ $400,183

Likely range $330,561 – $456,452, 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 $400,183 home should be assessed near $211,897.

Step 3 · Assessed value

$231,300

Set at the last town-wide revaluation and mostly frozen since. That's $19,403 above what the ratio math suggests (9.2%).

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

$5,991/yr
Public schools$2,806
Ocean County$1,346
Town of Berkeley$1,839
Berkeley average$5,442

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

Town median 46.3%
This home · 57.8%

30%75%

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
54 KORMAN RD2025-04$415,0001,50351.9%
1015 EDGEBROOK DR EAST2025-01$350,0001,45140.7%
9 MALLARD RD2025-03$395,0001,44860.4%
175 FT DE FRANCE AVE2025-12$300,0001,440110.0%
2 WIDGEON DR2025-07$370,0001,58861.3%
327 HAYES AVE2025-04$480,0001,36844.2%
60 WOODLAND RD2026-05$312,5001,58865.1%
70 MALLARD RD2025-01$380,0001,58869.5%
24 RUTLAND DR2026-04$339,0001,49439.2%
145 PORT ROYAL DR2025-04$335,0001,44041.0%
12 LONGPORT AVE2025-11$715,0001,45249.0%
29 PHEASANT DR2025-12$515,0001,58853.3%

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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 →