The Fair Share Report
199 Freeport Blvd
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 $251,500 – $330,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 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 $260,000 home should be assessed near $137,670.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,230 above what the ratio math suggests (30.7%).
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%77%
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 |
|---|---|---|---|---|
| 154 DAVENPORT RD | 2026-06 | $251,500 | 1,328 | 48.5% |
| 31 SAN CARLOS ST | 2025-09 | $390,000 | 1,328 | 44.4% |
| 26 BUENA VISA DR | 2025-07 | $255,000 | 1,328 | 69.7% |
| 27 SELKIRK AVE | 2025-06 | $309,900 | 1,328 | 37.7% |
| 191 FREEPORT BLVD | 2025-04 | $260,000 | 1,328 | 66.3% |
| 3 CHOPIN CT | 2025-03 | $330,000 | 1,328 | 35.4% |
| 31 SAN CARLOS ST | 2025-02 | $260,000 | 1,328 | 66.5% |
| 3 CHOPIN CT | 2025-01 | $265,000 | 1,328 | 44.0% |
| 8 CHESTERFIELD CT | 2026-04 | $238,000 | 1,328 | 66.2% |
| 136 ORLANDO BLVD | 2026-03 | $252,000 | 1,328 | 50.4% |
| 9 CLAREMONT ST | 2025-09 | $250,000 | 1,328 | 49.3% |
| 8 VIRGIN ISLANDS DR | 2025-04 | $285,000 | 1,328 | 42.8% |
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