The Fair Share Report
101 Eagle 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 $452,050 – $634,361, 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 $494,870 home should be assessed near $262,034.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,766 above what the ratio math suggests (3.0%).
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%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 |
|---|---|---|---|---|
| 174 FIFTH AVE | 2025-05 | $549,000 | 1,750 | 41.0% |
| 18 SKIMMER LANE | 2025-07 | $495,000 | 1,728 | 55.4% |
| 27 FREDERICK DR | 2025-10 | $480,000 | 1,668 | 56.0% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 202 THIRD AVE | 2026-05 | $435,000 | 1,504 | 47.3% |
| 18 BLUE HERON LANE | 2025-05 | $585,000 | 1,579 | 44.0% |
| 24 BLUE HERON LANE | 2025-03 | $565,600 | 1,579 | 45.0% |
| 73 TIMBERLINE RD | 2025-11 | $550,000 | 1,768 | 50.0% |
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 409 BIRCH ST | 2025-05 | $482,500 | 1,800 | 56.3% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 9 WESTGATE CT | 2026-05 | $409,000 | 1,728 | 48.5% |
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