The Fair Share Report
159 Normandy Ave
Berkeley, NJ 08087
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 $332,772 – $568,263, 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 $441,630 home should be assessed near $233,843.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,143 below what the ratio math suggests (7.8%).
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%70%
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 |
|---|---|---|---|---|
| 304 JAMAICA BLVD | 2025-07 | $352,500 | 1,545 | 43.1% |
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 18 BLUE HERON LANE | 2025-05 | $585,000 | 1,579 | 44.0% |
| 24 BLUE HERON LANE | 2025-03 | $565,600 | 1,579 | 45.0% |
| 355 JAMAICA BLVD | 2026-04 | $425,000 | 1,509 | 36.1% |
| 28 COHANSEY DR | 2026-04 | $477,000 | 1,509 | 31.4% |
| 340 JAMAICA BLVD | 2026-02 | $270,000 | 1,509 | 57.6% |
| 41 WINTERTON DR | 2026-02 | $450,000 | 1,509 | 34.2% |
| 351 JAMAICA BLVD | 2025-11 | $399,500 | 1,509 | 41.3% |
| 14 WINTERTON DR | 2025-11 | $435,000 | 1,509 | 36.0% |
| 33 BLUE HERON LANE | 2026-05 | $483,500 | 1,495 | 50.8% |
| 71 WINTERTON DR | 2026-05 | $329,900 | 1,502 | 45.0% |
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