The Fair Share Report

97 Westbrook 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

≈ $279,252

Likely range $252,282 – $322,543, 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 $279,252 home should be assessed near $147,864.

Step 3 · Assessed value

$107,200

Set at the last town-wide revaluation and mostly frozen since. That's $40,664 below what the ratio math suggests (27.5%).

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 $2.357 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,526/yr
Public schools$1,183
Ocean County$568
Town of Berkeley$776
Berkeley average$5,442

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

Town median 46.3%
This home · 38.4%

28%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
5 NORFOLK DR2025-02$279,0001,10737.6%
54 TORTOLA ST2025-04$280,0001,12439.6%
31 CARLISLE RD2025-07$265,0001,12137.9%
68 WESTBROOK DR2025-07$350,0001,14040.4%
90 WESTBROOK DR2026-01$350,0001,09128.1%
69 ETON RD2025-05$287,7501,09138.6%
83 ETON RD2025-01$252,5001,09142.5%
24 HAMPSHIRE RD2025-12$240,0001,08844.0%
8 BRAKENBURY CT2025-07$325,0001,14040.0%
3 BONAIRE DR2025-08$217,0001,12469.0%
4 ST CROIX ST2025-06$315,0001,12454.7%
25 WILLOUGHBY CT2025-01$278,0001,13941.7%

Is this your house?

Run your own report →

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 →