The Fair Share Report
15 Linstead 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 $264,598 – $367,220, 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 $330,197 home should be assessed near $174,839.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,539 below what the ratio math suggests (26.6%).
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 $2.395 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
29%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 |
|---|---|---|---|---|
| 30 MARACAIBO PL | 2025-10 | $350,000 | 1,328 | 54.3% |
| 60 CARLISLE RD | 2025-04 | $340,000 | 1,318 | 36.1% |
| 97 LIBERTA DR | 2025-08 | $355,000 | 1,264 | 50.3% |
| 113 BIABOU DR | 2026-05 | $350,000 | 1,232 | 39.9% |
| 235 BARBADOS DR NORTH | 2025-09 | $357,000 | 1,264 | 30.8% |
| 1 SPANISH WELLS ST | 2026-05 | $285,000 | 1,328 | 43.9% |
| 30 ROMAN ST | 2025-01 | $289,900 | 1,232 | 40.6% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 2 CORINTH PL | 2025-12 | $350,000 | 1,232 | 33.7% |
| 7 LE DIAMANT ST | 2025-10 | $300,000 | 1,264 | 42.9% |
| 2 TAJ MAHAL CT | 2026-03 | $264,000 | 1,232 | 44.7% |
| 8 NEWCASTLE CT | 2025-09 | $249,000 | 1,328 | 48.4% |
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