The Fair Share Report
10 Elevthera 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 $217,820 – $334,839, 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 $237,141 home should be assessed near $125,566.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,166 below what the ratio math suggests (20.8%).
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%
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 |
|---|---|---|---|---|
| 13 ST MARTIN PL | 2025-05 | $218,000 | 1,092 | 72.3% |
| 106 FT DE FRANCE AVE | 2026-04 | $241,000 | 1,124 | 47.3% |
| 495 JAMAICA BLVD | 2025-11 | $197,000 | 1,092 | 49.6% |
| 339 CURACAO ST | 2025-10 | $225,000 | 1,092 | 45.0% |
| 34 TORTOLA ST | 2025-11 | $244,000 | 1,092 | 47.3% |
| 114 BARBUDA ST | 2025-09 | $115,000 | 1,092 | 87.7% |
| 82 FT DE FRANCE AVE | 2025-10 | $350,000 | 1,124 | 30.6% |
| 186 CHARLOTTEVILLE DR S | 2025-10 | $249,900 | 1,124 | 44.9% |
| 487 JAMAICA BLVD | 2025-10 | $325,000 | 1,124 | 32.3% |
| 7 GEORGETOWN DR | 2025-07 | $220,000 | 1,124 | 48.0% |
| 36 ST CROIX ST | 2025-06 | $335,000 | 1,092 | 47.0% |
| 23 ANGUILLA LN | 2025-06 | $276,000 | 1,092 | 38.6% |
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