The Fair Share Report
11 St Eustatius 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 $225,000 – $290,416, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,126 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 $265,472 home should be assessed near $140,567.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,467 below what the ratio math suggests (28.1%).
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
29%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 |
|---|---|---|---|---|
| 404 JAMAICA BLVD | 2025-03 | $265,000 | 1,124 | 47.9% |
| 426 ST THOMAS DR | 2025-03 | $245,000 | 1,124 | 60.4% |
| 214 CHARLOTTEVILLE DR N | 2025-11 | $300,000 | 1,124 | 37.9% |
| 5 FALMOUTH ST | 2025-06 | $278,000 | 1,124 | 42.5% |
| 110 GEORGETOWN RD | 2025-03 | $265,000 | 1,135 | 40.4% |
| 293 BARBADOS DR NORTH | 2026-05 | $340,000 | 1,124 | 42.6% |
| 275 BARBADOS DR NORTH | 2025-08 | $289,900 | 1,124 | 38.2% |
| 7 GEORGETOWN DR | 2025-07 | $220,000 | 1,124 | 48.0% |
| 21 CHRISTIANSTED ST | 2025-09 | $225,000 | 1,126 | 42.4% |
| 234 CHARLOTTEVILLE DR N | 2025-03 | $245,000 | 1,126 | 58.8% |
| 46 FALMOUTH ST | 2025-01 | $215,000 | 1,126 | 64.7% |
| 62 SCARBOROUGH PL | 2026-05 | $265,000 | 1,124 | 41.0% |
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