The Fair Share Report
19 First Ave
Berkeley, NJ 08701
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 $262,132 – $558,829, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,188 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 $379,856 home should be assessed near $201,134.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,034 below what the ratio math suggests (35.8%).
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
18%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 |
|---|---|---|---|---|
| 14 ALBATROSS PT | 2026-01 | $600,000 | 1,152 | 55.9% |
| 200 CEYLON AVE | 2026-03 | $420,000 | 1,224 | 62.4% |
| 145 SHERMAN AVE | 2025-08 | $200,000 | 1,160 | 77.0% |
| 145 SHERMAN AVE | 2025-04 | $165,000 | 1,160 | 93.4% |
| 273 EVERGREEN DR | 2026-05 | $890,000 | 1,260 | 52.6% |
| 87 RONALD AVE SOUTH | 2025-06 | $624,000 | 1,284 | 51.8% |
| 1155 EDGEBROOK DR SOUTH | 2026-01 | $269,900 | 1,153 | 43.2% |
| 43 HARBORAGE AVE | 2025-09 | $340,500 | 1,242 | 57.6% |
| 40 THIRD AVE | 2025-09 | $400,000 | 1,251 | 36.4% |
| 229 PT PLEASANT AVE | 2026-06 | $385,000 | 1,092 | 45.1% |
| 301 ST VINCENT CT | 2026-01 | $269,000 | 1,169 | 59.7% |
| 519 BAY BLVD | 2025-09 | $371,000 | 1,050 | 45.9% |
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