The Fair Share Report
112 Sand Rd
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 $296,765 – $463,545, 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 $371,542 home should be assessed near $196,731.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,869 above what the ratio math suggests (32.5%).
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%93%
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 |
|---|---|---|---|---|
| 10 POINT BLANCHE CT | 2026-05 | $472,500 | 1,440 | 41.8% |
| 11 TAMPA LN | 2026-01 | $310,000 | 1,440 | 44.4% |
| 102 SANTIAGO DR | 2025-10 | $325,000 | 1,440 | 40.5% |
| 43 FREEPORT CT | 2025-09 | $370,000 | 1,440 | 36.8% |
| 12 TOGO RD | 2025-08 | $385,000 | 1,440 | 50.1% |
| 4 FLAMINGO WAY | 2025-08 | $299,000 | 1,440 | 44.9% |
| 2 LUMSDEN ST | 2025-06 | $290,000 | 1,440 | 63.9% |
| 16 MAYAQUEZ LN | 2025-05 | $410,000 | 1,440 | 33.0% |
| 103 ORLANDO BLVD | 2025-03 | $307,000 | 1,440 | 47.1% |
| 15 REDHOOK BAY DR | 2025-01 | $430,000 | 1,440 | 31.9% |
| 67 STORM JIB CT | 2025-04 | $795,000 | 1,460 | 51.3% |
| 124 SAN CARLOS ST | 2025-02 | $450,000 | 1,448 | 36.8% |
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