The Fair Share Report
1 Staten Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $296,542 – $391,132, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).
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 $332,477 home should be assessed near $176,047.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,053 above what the ratio math suggests (26.7%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.478 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%81%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 200 HARBOR INN RD | 2025-03 | $385,000 | 1,328 | 91.3% |
| 200 HARBOR INN RD | 2025-03 | $335,000 | 1,328 | 105.0% |
| 273 EVERGREEN DR | 2026-05 | $890,000 | 1,260 | 52.6% |
| 220 LONG BRANCH AVE | 2025-02 | $416,350 | 1,344 | 46.1% |
| 417 RIVERSIDE DR | 2025-01 | $380,000 | 1,658 | 62.5% |
| 8 MERRILEE LN | 2026-04 | $310,000 | 1,328 | 51.1% |
| 25 CANTERBURY LN | 2025-03 | $310,000 | 1,328 | 74.2% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 144 RED BANK AVE | 2025-09 | $285,000 | 1,316 | 70.8% |
| 145 SHERMAN AVE | 2025-08 | $200,000 | 1,160 | 77.0% |
| 145 SHERMAN AVE | 2025-04 | $165,000 | 1,160 | 93.4% |
| 72 NARBERTH WAY | 2026-02 | $380,000 | 1,356 | 236.6% |
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