The Fair Share Report
15 St Eustatius St
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 $285,000 – $375,076, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 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 $320,000 home should be assessed near $169,440.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,240 below what the ratio math suggests (32.6%).
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
25%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 156 GUADELOUPE DR | 2025-11 | $320,000 | 1,328 | 38.4% |
| 162 HARRINGTON DR NORTH | 2026-02 | $295,000 | 1,328 | 40.9% |
| 8 NEWCASTLE CT | 2025-09 | $249,000 | 1,328 | 48.4% |
| 1 SPANISH WELLS ST | 2026-05 | $285,000 | 1,328 | 43.9% |
| 30 MARACAIBO PL | 2025-10 | $350,000 | 1,328 | 54.3% |
| 80 ETON RD | 2025-06 | $380,000 | 1,318 | 49.4% |
| 41 ETON RD | 2025-07 | $343,500 | 1,338 | 35.2% |
| 49 ETON RD | 2026-05 | $315,200 | 1,318 | 38.0% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 235 BARBADOS DR NORTH | 2025-09 | $357,000 | 1,264 | 30.8% |
| 136 GEORGETOWN RD | 2025-09 | $285,000 | 1,340 | 41.7% |
| 2 HYANNIS ST | 2026-04 | $307,000 | 1,328 | 40.5% |
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