The Fair Share Report
159 Liberta 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 $234,167 – $314,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,124 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 $280,000 home should be assessed near $148,260.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,040 above what the ratio math suggests (13.5%).
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%77%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 28 BOCA RATON ST | 2026-04 | $170,000 | 1,124 | 60.8% |
| 108 BIMINI DR | 2025-05 | $272,000 | 1,124 | 41.1% |
| 146 BIMINI DR | 2026-02 | $314,000 | 1,124 | 34.0% |
| 89 CARLISLE RD | 2026-03 | $350,000 | 1,121 | 46.0% |
| 95 CARLISLE RD | 2025-03 | $225,000 | 1,121 | 69.7% |
| 205 BONAIRE DR | 2026-02 | $258,000 | 1,124 | 42.0% |
| 11 BAHAMIA DR | 2025-11 | $244,000 | 1,124 | 43.6% |
| 21 SAN SALVADOR ST | 2025-10 | $280,000 | 1,124 | 38.7% |
| 14 SAN SALVADOR ST | 2025-02 | $345,000 | 1,124 | 31.9% |
| 8 NEVIS CT | 2025-09 | $185,000 | 1,124 | 56.6% |
| 405 COSTA MESA DR | 2025-06 | $294,000 | 1,124 | 38.0% |
| 868 JAMAICA BLVD | 2025-11 | $280,000 | 1,124 | 35.4% |
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