The Fair Share Report
118 Twentieth 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 $449,382 – $816,805, 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 $572,395 home should be assessed near $303,083.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $149,617 above what the ratio math suggests (49.4%).
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%106%
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 |
|---|---|---|---|---|
| 211 PINE DR | 2026-03 | $827,000 | 1,760 | 46.7% |
| 18 SKIMMER LANE | 2025-07 | $495,000 | 1,728 | 55.4% |
| 236 CEDAR DR | 2025-02 | $824,900 | 1,840 | 46.9% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 100 TWENTIETH AVE | 2025-04 | $982,500 | 1,945 | 52.2% |
| 18 BLUE HERON LANE | 2025-05 | $585,000 | 1,579 | 44.0% |
| 24 BLUE HERON LANE | 2025-03 | $565,600 | 1,579 | 45.0% |
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 210 MIDWAY AVE | 2026-04 | $1,200,000 | 1,740 | 36.0% |
| 16 LENA CT | 2025-07 | $505,000 | 1,761 | 48.3% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 13 SKIMMER LANE | 2026-03 | $490,000 | 2,004 | 53.1% |
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