The Fair Share Report
12 Oakengates Dr
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 $255,256 – $389,434, 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 $283,671 home should be assessed near $150,204.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,496 above what the ratio math suggests (5.0%).
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 |
|---|---|---|---|---|
| 134 PULASKI BLVD | 2026-03 | $230,000 | 1,232 | 54.6% |
| 12 SANTO DOMINGO DR | 2025-11 | $390,000 | 1,232 | 30.7% |
| 93 PARADISE BLVD | 2025-02 | $270,000 | 1,232 | 63.1% |
| OCEAN & 22ND AVE | 2025-01 | $915,000 | 1,263 | 57.5% |
| 46 LA DUNETTE DR | 2025-10 | $270,000 | 1,328 | 45.4% |
| 6 MANITOBA CT | 2025-10 | $295,000 | 1,328 | 41.6% |
| 4 HAITI CT | 2025-09 | $295,000 | 1,328 | 42.6% |
| 4 ELMSWELL CT | 2025-03 | $428,000 | 1,328 | 37.1% |
| 22 MERRILEE LN | 2025-01 | $280,000 | 1,232 | 53.8% |
| 8 CHESTERFIELD CT | 2026-04 | $238,000 | 1,328 | 66.2% |
| 56 WOODSTOCK DR | 2025-01 | $250,000 | 1,328 | 80.7% |
| 6 SPEIGHSTOWN PL | 2026-06 | $295,000 | 1,232 | 40.2% |
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