The Fair Share Report
19 First Ln
Berkeley, NJ 08752
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 $220,661 – $537,286, from 12 comparable Berkeley sales in the past 18 months, at this home's 720 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 $257,398 home should be assessed near $136,292.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $219,208 above what the ratio math suggests (160.8%).
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%167%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $5,677/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 31 FIRST LANE | 2026-05 | $733,000 | 723 | 36.9% |
| 148 SAN CARLOS ST | 2026-05 | $255,000 | 757 | 35.3% |
| 17 LA CASTA CT | 2025-09 | $235,000 | 757 | 37.9% |
| 150 TORREY PINES DR | 2025-06 | $232,000 | 757 | 39.5% |
| 103 TWENTY-THIRD AVE #3 | 2025-08 | $594,000 | 796 | 53.0% |
| 108 MIDWAY AVE | 2026-01 | $700,000 | 720 | 48.8% |
| 136 TWENTY-FOURTH AVE | 2025-01 | $777,777 | 726 | 50.2% |
| 40 PIROGUE ST | 2026-02 | $220,000 | 757 | 42.7% |
| 70 J F K BLVD | 2025-05 | $400,000 | 728 | 52.6% |
| 70 J F K BLVD | 2025-03 | $280,000 | 728 | 75.2% |
| 237 BUTLER BLVD | 2026-04 | $475,000 | 736 | 42.1% |
| 55 HYANNIS ST | 2026-04 | $270,625 | 757 | 32.5% |
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