The Fair Share Report
111 Twenty First Ave
Berkeley, NJ 08752
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 $572,929 – $1,242,578, 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 $761,265 home should be assessed near $403,090.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $307,210 above what the ratio math suggests (76.2%).
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%129%
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 |
|---|---|---|---|---|
| 241 TWENTY-THIRD AVE | 2025-07 | $1,298,000 | 3,074 | 50.1% |
| 24 SYMPHONY AVE | 2026-01 | $440,000 | 2,808 | 63.0% |
| 40 MORRIS BLVD | 2025-12 | $585,000 | 2,374 | 52.0% |
| 101 CHELSEA AVE | 2025-11 | $549,900 | 2,748 | 54.6% |
| 5 OVERLOOK CT | 2025-10 | $760,000 | 3,003 | 48.1% |
| 65 NORTH ISLAND RD | 2025-11 | $830,000 | 2,285 | 51.4% |
| 9 COVE RD W | 2025-06 | $699,900 | 2,376 | 53.1% |
| 26 BOWSPRIT DR | 2025-12 | $1,090,000 | 2,806 | 54.4% |
| 27 BOWSPRIT DR | 2025-01 | $995,000 | 2,822 | 60.3% |
| 17 JIBSAIL DR | 2025-10 | $939,000 | 2,778 | 56.4% |
| 163 SYLVAN LAKE BLVD | 2025-01 | $485,000 | 2,532 | 51.6% |
| 52 CRANMER RD | 2025-07 | $525,000 | 2,592 | 55.3% |
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