The Fair Share Report
2 Haddon Ave
Berkeley, NJ 08721
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 $399,250 – $572,813, 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 $468,587 home should be assessed near $248,117.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,983 above what the ratio math suggests (8.1%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.497 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%73%
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 |
|---|---|---|---|---|
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 7 BEDFORD CT | 2026-04 | $305,000 | 1,648 | 42.8% |
| 1 WESTPORT DR | 2026-04 | $425,000 | 1,514 | 51.0% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| OCEAN & 22ND AVE | 2025-04 | $807,500 | 1,504 | 55.1% |
| 12 NELSON CT | 2026-01 | $420,000 | 1,580 | 44.4% |
| 44 WESTPORT DR | 2025-09 | $365,000 | 1,514 | 35.5% |
| 103 SHEEPSHEAD DR | 2025-03 | $434,900 | 1,514 | 31.7% |
| 322 VETERANS BLVD | 2025-12 | $490,000 | 1,664 | 50.1% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 82 SCOTT CT | 2026-04 | $530,000 | 1,604 | 44.2% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
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