The Fair Share Report
192 Central Ave
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 $254,710 – $392,485, 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 $308,716 home should be assessed near $163,465.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $109,835 above what the ratio math suggests (67.2%).
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%113%
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 $2,845/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 71 CHESTERFIELD LN | 2026-01 | $311,000 | 1,135 | 46.2% |
| 38 LA DUNETTE DR | 2025-01 | $285,000 | 1,124 | 38.8% |
| 28 PRINCE CHARLES DR | 2025-12 | $250,000 | 1,161 | 57.2% |
| 12 JERICHO RD | 2025-10 | $260,000 | 1,153 | 42.2% |
| 569 COPLEY PL | 2026-05 | $380,000 | 1,128 | 43.6% |
| 164 GRAND CENTRAL PKWY | 2025-02 | $380,000 | 1,128 | 48.2% |
| 139 PARADISE BLVD | 2025-06 | $360,000 | 1,161 | 31.0% |
| 15 BROOKFIELD CT | 2026-02 | $260,000 | 1,117 | 42.2% |
| 27 OAKFIELD RD | 2025-03 | $315,000 | 1,153 | 44.3% |
| 34 SAN CARLOS ST | 2025-10 | $304,900 | 1,124 | 39.7% |
| 103 TWENTY-THIRD AVE #11 | 2026-04 | $827,000 | 1,156 | 48.3% |
| 99 PRINCE CHARLES DR | 2025-06 | $390,000 | 1,161 | 39.4% |
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