The Fair Share Report
11 Chutney 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 $388,861 – $519,330, 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 $412,654 home should be assessed near $218,500.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,500 below what the ratio math suggests (20.4%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.446 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
28%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 |
|---|---|---|---|---|
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 351 JAMAICA BLVD | 2025-11 | $399,500 | 1,509 | 41.3% |
| 64 CANTERBURY LN | 2025-06 | $390,000 | 1,564 | 47.4% |
| 18 BLUE HERON LANE | 2025-05 | $585,000 | 1,579 | 44.0% |
| 24 BLUE HERON LANE | 2025-03 | $565,600 | 1,579 | 45.0% |
| 41 WINTERTON DR | 2026-02 | $450,000 | 1,509 | 34.2% |
| 11 STROUD CT | 2025-01 | $390,000 | 1,545 | 49.5% |
| 51 WINTERTON DR | 2026-01 | $387,000 | 1,509 | 38.7% |
| 11 NAUTICAL CT | 2025-12 | $415,000 | 1,557 | 46.6% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 47 NARBERTH WAY | 2025-12 | $410,000 | 1,545 | 53.7% |
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
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