The Fair Share Report

98 Windjammer Ct

Berkeley, NJ 07643

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

≈ $543,118

Likely range $516,406 – $744,375, 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 $543,118 home should be assessed near $287,581.

Step 3 · Assessed value

$535,600

Set at the last town-wide revaluation and mostly frozen since. That's $248,019 above what the ratio math suggests (86.2%).

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

$13,872/yr
Public schools$6,497
Ocean County$3,117
Town of Berkeley$4,258
Berkeley average$5,442

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

Town median 46.3%
This home · 98.6%

30%109%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $6,424/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
3 DRAKE DR2025-09$670,0001,88459.9%
1025 BAYVIEW AVE2025-10$751,0001,93175.8%
12 CARLYLE DR2025-07$700,0001,97079.0%
519 TRENTON AVE SOUTH2025-08$500,0001,92051.5%
16 SANDHURST CT2025-09$522,0001,92845.9%
265 CYPRESS DR2025-11$1,055,0001,87351.3%
409 BIRCH ST2025-05$482,5001,80056.3%
26 SWINDON CT2025-05$478,0002,19845.7%
259 CYPRESS DR2025-08$900,0002,04251.1%
13 SKIMMER LANE2026-03$490,0002,00453.1%
14 OSPREY LANE2025-07$540,0002,00455.3%
6 OSPREY LANE2025-06$520,0002,00449.6%

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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 →