The Fair Share Report
104 Willow St
Berkeley, NJ 08741
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 $321,852 – $531,585, 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 $405,890 home should be assessed near $214,919.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $102,081 above what the ratio math suggests (47.5%).
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%104%
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 |
|---|---|---|---|---|
| OCEAN & 22ND AVE | 2025-04 | $807,500 | 1,504 | 55.1% |
| 44 WESTPORT DR | 2025-09 | $365,000 | 1,514 | 35.5% |
| 103 SHEEPSHEAD DR | 2025-03 | $434,900 | 1,514 | 31.7% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 12 NELSON CT | 2026-01 | $420,000 | 1,580 | 44.4% |
| 1 MAPLETON RD | 2025-07 | $510,000 | 1,514 | 26.1% |
| 82 SCOTT CT | 2026-04 | $530,000 | 1,604 | 44.2% |
| 253 WESTBROOK DR | 2025-02 | $382,400 | 1,514 | 34.1% |
| 1 SHEARWATER HOLLOW | 2026-03 | $355,000 | 1,488 | 56.9% |
| 1 SHEARWATER HOLLOW | 2025-10 | $200,000 | 1,488 | 100.9% |
| 10 SEVILLE PL | 2026-05 | $245,000 | 1,531 | 53.0% |
| 60 WOODSTOCK DR | 2026-03 | $320,000 | 1,440 | 50.4% |
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