The Fair Share Report
11 Pine Tree Dr
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 $575,198 – $867,414, from 12 comparable Berkeley sales in the past 18 months, at this home's 2,388 sq ft.
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 $679,917 home should be assessed near $360,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,716 below what the ratio math suggests (3.8%).
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 |
|---|---|---|---|---|
| 267 CYPRESS DR | 2025-08 | $1,151,500 | 2,418 | 48.4% |
| 142 BUTLER BLVD | 2025-04 | $555,000 | 2,408 | 43.4% |
| 9 COVE RD W | 2025-06 | $699,900 | 2,376 | 53.1% |
| 26 SWINDON CT | 2025-05 | $478,000 | 2,198 | 45.7% |
| 380 TRENTON AVE NORTH | 2026-06 | $615,000 | 2,160 | 46.9% |
| 453 ANDREW AVE | 2026-04 | $615,000 | 2,368 | 56.1% |
| 28 COVE RD W | 2025-11 | $1,200,000 | 2,496 | 48.9% |
| 262 GRAND CENTRAL PKWY | 2025-06 | $775,000 | 2,286 | 45.5% |
| 263 LATIMER AVE | 2025-07 | $550,000 | 2,628 | 65.0% |
| 353 LIVINGSTON AVE | 2026-05 | $600,000 | 2,434 | 48.1% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 361 EASTERN BLVD | 2025-05 | $620,000 | 2,574 | 56.5% |
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