The Fair Share Report
14 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 $331,409 – $415,430, 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 $355,433 home should be assessed near $188,202.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,898 above what the ratio math suggests (15.9%).
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%71%
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 |
|---|---|---|---|---|
| 51 TRENT DR | 2026-03 | $310,000 | 1,638 | 55.4% |
| 322 VETERANS BLVD | 2025-12 | $490,000 | 1,664 | 50.1% |
| 5 TRENT DR | 2025-02 | $330,000 | 1,615 | 65.2% |
| 16 MERRILEE LN | 2025-11 | $393,000 | 1,652 | 42.8% |
| 8 STOCKPORT DR | 2025-12 | $330,000 | 1,601 | 49.4% |
| 66 PARADISE BLVD | 2025-10 | $240,000 | 1,601 | 55.4% |
| 8 THRONBURY CT | 2025-09 | $405,000 | 1,601 | 40.9% |
| 104 PARADISE BLVD | 2025-07 | $280,000 | 1,601 | 69.4% |
| 11 OLSTINS CT | 2026-05 | $355,000 | 1,638 | 39.8% |
| 52 CANTERBURY LN | 2026-02 | $400,000 | 1,615 | 47.1% |
| 24 LAMBERT WAY | 2025-12 | $380,000 | 1,615 | 49.0% |
| 80 CANTERBURY LN | 2025-10 | $340,000 | 1,615 | 55.6% |
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