The Fair Share Report
14 Waldwick Ct
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 $241,811 – $338,979, 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 $273,037 home should be assessed near $144,573.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,073 below what the ratio math suggests (25.6%).
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
26%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 |
|---|---|---|---|---|
| 174 BRENNAN CONCOURSE | 2025-04 | $350,000 | 1,024 | 47.3% |
| 614 BAY BLVD | 2025-11 | $520,000 | 1,081 | 31.7% |
| 12 NORFOLK DR | 2025-06 | $230,000 | 1,157 | 45.4% |
| 27 WHITAKER DR | 2025-11 | $240,000 | 1,153 | 56.5% |
| 14 ALBATROSS PT | 2026-01 | $600,000 | 1,152 | 55.9% |
| 2 CAPRI CT | 2026-04 | $320,000 | 1,124 | 44.5% |
| 2 CAPRI CT | 2025-01 | $292,000 | 1,124 | 48.8% |
| 13 LEEWARD ST | 2025-10 | $225,000 | 1,164 | 71.3% |
| 32 BUGLE CT | 2025-07 | $265,000 | 1,121 | 49.9% |
| 301 ST VINCENT CT | 2026-01 | $269,000 | 1,169 | 59.7% |
| 37 ORANJESTAD ST | 2026-04 | $242,500 | 1,124 | 44.0% |
| 311 ST VINCENT CT | 2025-09 | $285,000 | 1,124 | 40.8% |
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