The Fair Share Report
150 Freeport Blvd
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 $251,684 – $382,824, 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 $320,235 home should be assessed near $169,564.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,464 below what the ratio math suggests (35.1%).
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 $2.363 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
23%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 |
|---|---|---|---|---|
| 77 ORLANDO BLVD | 2026-06 | $260,000 | 1,161 | 42.3% |
| 25 REDHOOK BAY DR | 2025-02 | $315,000 | 1,161 | 36.9% |
| 19 TEMPLETON ST | 2025-01 | $287,000 | 1,161 | 39.9% |
| 103 TWENTY-THIRD AVE #11 | 2026-04 | $827,000 | 1,156 | 48.3% |
| 287 COSTA MESA DR | 2025-01 | $317,500 | 1,161 | 35.6% |
| 9 MANIWAKI CT | 2025-08 | $370,000 | 1,161 | 46.1% |
| 99 PRINCE CHARLES DR | 2025-06 | $390,000 | 1,161 | 39.4% |
| 12 SABINAS ST | 2025-04 | $351,400 | 1,232 | 38.9% |
| 139 PARADISE BLVD | 2025-06 | $360,000 | 1,161 | 31.0% |
| 2108 CENTRAL AVE 10 | 2025-08 | $649,000 | 1,225 | 42.9% |
| 30 ZEELAND DR | 2025-07 | $185,000 | 1,153 | 87.0% |
| 16 OLSTINS CT | 2026-03 | $270,000 | 1,232 | 45.0% |
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