The Fair Share Report
12 Twenty Second 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 $233,384 – $778,114, from 12 comparable Berkeley sales in the past 18 months, at this home's 884 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 $297,781 home should be assessed near $157,675.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $729,025 above what the ratio math suggests (462.4%).
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%385%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $18,882/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 51 GOOD LUCK DRIVE | 2026-04 | $940,000 | 1,056 | 25.5% |
| 17 KILLINGTON RD | 2025-04 | $330,000 | 1,095 | 59.2% |
| 90 PUFFIN GLADE | 2026-05 | $249,900 | 923 | 48.0% |
| 19 FIRST LANE | 2025-11 | $730,000 | 720 | 48.7% |
| 73 PUFFIN GLADE | 2025-01 | $245,000 | 928 | 64.0% |
| 1481 BARNEGAT AVE | 2026-01 | $675,000 | 876 | 51.0% |
| 76 PUFFIN GLADE | 2025-08 | $245,000 | 940 | 64.4% |
| 22 TWENTY-FIRST AVE | 2026-06 | $1,300,000 | 827 | 40.8% |
| 88 PUFFIN GLADE | 2026-05 | $245,000 | 928 | 42.9% |
| 55 SECOND AVE | 2025-05 | $275,000 | 864 | 37.0% |
| 210 FERNWOOD DR | 2025-11 | $580,000 | 960 | 47.0% |
| 1023 EDGEBROOK DR EAST | 2025-12 | $140,000 | 926 | 74.6% |
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