The Fair Share Report
18 Ely Ct
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 $206,319 – $315,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,121 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 $225,000 home should be assessed near $119,138.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,263 above what the ratio math suggests (41.3%).
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%87%
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 |
|---|---|---|---|---|
| 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% |
| 106 NORTHUMBERLAND DR | 2025-11 | $325,000 | 1,122 | 34.7% |
| 24 CARLISLE RD | 2025-03 | $390,000 | 1,126 | 31.2% |
| 89 CARLISLE RD | 2026-03 | $350,000 | 1,121 | 46.0% |
| 95 CARLISLE RD | 2025-03 | $225,000 | 1,121 | 69.7% |
| 15 TIVOLI ST | 2025-09 | $299,900 | 1,124 | 35.0% |
| 146 BIMINI DR | 2026-02 | $314,000 | 1,124 | 34.0% |
| 124 NORTHUMBERLAND DR | 2026-03 | $190,000 | 1,139 | 50.0% |
| 31 CARLISLE RD | 2025-07 | $265,000 | 1,121 | 37.9% |
Is this your house?
Run your own report →