The Fair Share Report
1 Marathon St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $226,544 – $329,629, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,027 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $283,894 home should be assessed near $150,322.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $878 above what the ratio math suggests (0.6%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%72%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 88 WESTBROOK DR | 2025-04 | $285,000 | 1,031 | 47.8% |
| 6 BIMINI DR | 2026-04 | $343,000 | 1,034 | 30.1% |
| 7 BONAIRE DR | 2025-09 | $250,000 | 1,034 | 40.4% |
| 3 BASSET CT | 2025-01 | $290,000 | 1,031 | 34.3% |
| 9 CARLISLE RD | 2026-05 | $220,000 | 1,059 | 45.1% |
| 10 SURREY CT | 2025-02 | $295,000 | 985 | 34.5% |
| 38 NORTHUMBERLAND DR | 2025-12 | $200,000 | 990 | 50.3% |
| 80 BRAKENBURY DR | 2025-07 | $225,000 | 1,059 | 244.4% |
| 189 WESTBROOK DR | 2025-05 | $285,000 | 1,074 | 40.4% |
| 24 HAMPSHIRE RD | 2025-12 | $240,000 | 1,088 | 44.0% |
| 11 PALMETTO PT ST | 2026-05 | $325,000 | 1,034 | 32.3% |
| 45 BONAIRE DR | 2025-09 | $332,091 | 1,034 | 30.6% |
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