The Fair Share Report
2 Lambert Way
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 $360,010 – $420,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,509 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 $385,000 home should be assessed near $203,858.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,058 below what the ratio math suggests (8.9%).
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 |
|---|---|---|---|---|
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
| 8 NEWBURY CT | 2026-06 | $420,000 | 1,509 | 45.7% |
| 10 STROUD CT | 2026-04 | $365,000 | 1,509 | 49.4% |
| 51 WINTERTON DR | 2026-01 | $387,000 | 1,509 | 38.7% |
| 11 STROUD CT | 2025-01 | $390,000 | 1,545 | 49.5% |
| 11 NAUTICAL CT | 2025-12 | $415,000 | 1,557 | 46.6% |
| 1 MAPLETON RD | 2025-07 | $510,000 | 1,514 | 26.1% |
| 14 PRADO CT | 2025-12 | $330,000 | 1,545 | 45.5% |
| 28 COHANSEY DR | 2026-04 | $477,000 | 1,509 | 31.4% |
| 60 CANTERBURY LN | 2025-08 | $385,000 | 1,509 | 48.4% |
| 71 WINTERTON DR | 2026-05 | $329,900 | 1,502 | 45.0% |
| 351 JAMAICA BLVD | 2025-11 | $399,500 | 1,509 | 41.3% |
Is this your house?
Run your own report →