The Fair Share Report
2 Bordeaux 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 $292,398 – $387,739, 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 $316,122 home should be assessed near $167,387.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,687 below what the ratio math suggests (10.6%).
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%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 |
|---|---|---|---|---|
| 50 OAKFIELD RD | 2026-01 | $295,000 | 1,404 | 43.9% |
| 156 CASTLETON DR | 2025-12 | $200,000 | 1,404 | 62.0% |
| 43 FREEPORT CT | 2025-09 | $370,000 | 1,440 | 36.8% |
| 103 ORLANDO BLVD | 2025-03 | $307,000 | 1,440 | 47.1% |
| 127 TROUMAKA ST | 2026-06 | $250,000 | 1,364 | 47.1% |
| 37 BROOKFIELD CT | 2025-12 | $422,500 | 1,404 | 29.6% |
| 119 EDGEWATER CT | 2026-04 | $315,000 | 1,404 | 48.3% |
| 16 MAYAQUEZ LN | 2025-05 | $410,000 | 1,440 | 33.0% |
| 12 TOGO RD | 2025-08 | $385,000 | 1,440 | 50.1% |
| 42 PULASKI BLVD | 2025-07 | $298,800 | 1,440 | 46.4% |
| 52 CASTLETON DR | 2026-03 | $315,000 | 1,404 | 39.4% |
| 24 ZEELAND DR | 2025-02 | $310,000 | 1,404 | 48.6% |
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