The Fair Share Report
17 Langley Rd
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 $201,239 – $341,467, 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 $266,655 home should be assessed near $141,194.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,294 below what the ratio math suggests (27.1%).
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%
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 |
|---|---|---|---|---|
| 3 BONAIRE DR | 2025-08 | $217,000 | 1,124 | 69.0% |
| 135 NORTHUMBERLAND DR | 2026-04 | $335,000 | 1,139 | 31.1% |
| 31 CARLISLE RD | 2025-07 | $265,000 | 1,121 | 37.9% |
| 24 CARLISLE RD | 2025-03 | $390,000 | 1,126 | 31.2% |
| 146 BIMINI DR | 2026-02 | $314,000 | 1,124 | 34.0% |
| 106 NORTHUMBERLAND DR | 2025-11 | $325,000 | 1,122 | 34.7% |
| 29 CARLISLE RD | 2025-02 | $210,000 | 1,141 | 68.2% |
| 1 HAMPSHIRE RD | 2026-05 | $315,000 | 1,121 | 33.7% |
| 160 WESTBROOK DR | 2026-05 | $210,000 | 1,121 | 51.4% |
| 1 HAMPSHIRE RD | 2025-08 | $205,000 | 1,121 | 51.8% |
| 112 NORTHUMBERLAND DR | 2025-06 | $215,000 | 1,121 | 50.0% |
| 18 ELY CT | 2025-05 | $327,900 | 1,121 | 51.4% |
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