The Fair Share Report
10 Arima Ct
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 $239,425 – $315,790, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,126 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 $262,936 home should be assessed near $139,225.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,425 below what the ratio math suggests (34.1%).
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
24%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 30 SHERWOOD LN | 2025-09 | $219,900 | 1,127 | 48.0% |
| 22 MARGARITA ST | 2025-08 | $375,000 | 1,124 | 45.5% |
| 10 WOODBURY CT | 2025-11 | $235,000 | 1,136 | 46.0% |
| 32 SUTHERLAND CT | 2025-12 | $290,000 | 1,136 | 35.3% |
| 14 WOODBURY CT | 2025-09 | $295,000 | 1,136 | 36.3% |
| 7 NORWICH DR | 2025-01 | $259,900 | 1,113 | 40.3% |
| 324 ST THOMAS DR | 2026-06 | $339,000 | 1,124 | 51.2% |
| 4 ST CROIX ST | 2025-06 | $315,000 | 1,124 | 54.7% |
| 306 ST THOMAS DR | 2026-02 | $245,000 | 1,124 | 42.8% |
| 68 BARBADOS DR SOUTH | 2025-09 | $259,900 | 1,124 | 41.3% |
| 332 CURACAO ST | 2025-08 | $165,000 | 1,124 | 84.1% |
| 1101 WATERBERRY CT SOUTH | 2025-10 | $309,900 | 1,105 | 37.4% |
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