The Fair Share Report
1035 Bayview Ave
Berkeley, NJ 07074
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 $571,603 – $792,256, 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 $713,447 home should be assessed near $377,770.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $151,830 above what the ratio math suggests (40.2%).
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%98%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $3,932/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 421 PRINCETON AVE | 2025-05 | $675,000 | 2,304 | 49.4% |
| 262 GRAND CENTRAL PKWY | 2025-06 | $775,000 | 2,286 | 45.5% |
| 7 ALBATROSS PT | 2026-03 | $820,000 | 2,277 | 47.9% |
| 336 ARLINGTON AVE | 2026-03 | $570,565 | 2,282 | 61.9% |
| 453 ANDREW AVE | 2026-04 | $615,000 | 2,368 | 56.1% |
| 452 NORTHERN BLVD | 2026-01 | $550,000 | 2,212 | 56.7% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 31 DOLPHIN CIRCLE WEST | 2026-06 | $410,000 | 2,345 | 68.0% |
| 63 ANCHORAGE BLVD | 2025-07 | $775,000 | 2,270 | 58.1% |
| 18 YAFFA RD | 2025-04 | $725,000 | 2,322 | 49.9% |
| 6 KEY LARGO CT | 2026-01 | $675,000 | 2,425 | 48.0% |
| 295 ALLEN RD | 2025-10 | $885,000 | 2,310 | 60.2% |
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