The Fair Share Report
108 Sunset Dr N
Berkeley, NJ 08751
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 $563,331 – $1,176,025, 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 $963,063 home should be assessed near $509,942.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $196,558 above what the ratio math suggests (38.5%).
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%131%
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 |
|---|---|---|---|---|
| 1533 BAY VIEW AVE | 2025-11 | $1,365,000 | 2,436 | 42.4% |
| 240 FERNWOOD DR | 2025-09 | $1,049,000 | 2,420 | 50.3% |
| 281 EVERGREEN DR | 2026-04 | $1,200,000 | 2,237 | 47.1% |
| 206 ROANOKE AVE | 2026-02 | $995,000 | 2,319 | 42.3% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 414 THIRD AVE | 2026-06 | $620,000 | 2,414 | 40.2% |
| 419 SECOND AVE | 2026-06 | $600,000 | 2,374 | 41.1% |
| 361 EASTERN BLVD | 2025-05 | $620,000 | 2,574 | 56.5% |
| 4 GOLDENROD AVE | 2025-08 | $620,000 | 2,424 | 55.6% |
| 7 ALBATROSS PT | 2026-03 | $820,000 | 2,277 | 47.9% |
| 100 TWENTIETH AVE | 2025-04 | $982,500 | 1,945 | 52.2% |
| 96 BRIDLE PATH | 2025-09 | $700,000 | 2,276 | 49.9% |
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