The Fair Share Report
128 Narberth Way
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 $332,082 – $461,741, 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 $377,372 home should be assessed near $199,818.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,618 below what the ratio math suggests (7.8%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.454 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 8 WYCOMBE CT | 2025-07 | $450,000 | 1,440 | 40.8% |
| 11 WESTGATE CT | 2025-09 | $500,000 | 1,440 | 37.5% |
| 199 CANTERBURY LN | 2025-08 | $290,000 | 1,441 | 53.5% |
| 40 PRINCE CHARLES DR | 2025-10 | $398,000 | 1,446 | 43.6% |
| 58 TRENT DR | 2025-06 | $355,000 | 1,461 | 45.2% |
| 2 WYCOMBE CT | 2025-06 | $355,000 | 1,461 | 50.3% |
| 41 WEDGEPORT DR | 2026-03 | $475,000 | 1,440 | 48.3% |
| 38 KINKORA CT WEST | 2026-03 | $329,000 | 1,440 | 38.9% |
| 208 PULASKI BLVD | 2025-08 | $399,000 | 1,440 | 49.0% |
| 42 PORTSMOUTH DR | 2025-03 | $340,000 | 1,440 | 53.1% |
| 20 NORANDA ST | 2025-02 | $327,000 | 1,440 | 40.0% |
| 75 SLOOP CREEK RD | 2025-11 | $470,000 | 1,478 | 47.7% |
Is this your house?
Run your own report →