The Fair Share Report
18 Crescent 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 $267,131 – $366,477, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,290 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 $328,328 home should be assessed near $173,850.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,450 above what the ratio math suggests (17.5%).
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%82%
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 |
|---|---|---|---|---|
| 48 WHITAKER DR | 2026-04 | $410,000 | 1,318 | 51.5% |
| 11 WHITAKER DR | 2025-12 | $370,000 | 1,318 | 41.2% |
| 20 INNSBRUCK DR | 2025-08 | $285,000 | 1,328 | 41.7% |
| 5 SHEEPSHEAD DR | 2026-05 | $440,000 | 1,340 | 33.7% |
| 55 WHITMORE DR | 2026-01 | $363,000 | 1,327 | 40.7% |
| 185 CABRILLO BLVD | 2025-07 | $275,000 | 1,328 | 45.2% |
| 236 CABRILLO BLVD | 2026-02 | $350,000 | 1,232 | 51.9% |
| 78 TROUMAKA ST | 2025-08 | $246,000 | 1,328 | 51.7% |
| 135 RODHOS ST | 2026-06 | $225,000 | 1,232 | 54.7% |
| 39 FONTANA ST | 2026-03 | $292,500 | 1,232 | 41.1% |
| 9 MORONGO CT | 2026-03 | $338,000 | 1,328 | 35.7% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
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