The Fair Share Report
2 Marigot 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 $250,785 – $311,110, 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 $281,777 home should be assessed near $149,201.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,301 below what the ratio math suggests (32.4%).
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
27%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 NORWICH DR | 2025-01 | $259,900 | 1,113 | 40.3% |
| 1101 WATERBERRY CT SOUTH | 2025-10 | $309,900 | 1,105 | 37.4% |
| 5 SINT NICHOLAAS CT | 2025-06 | $320,000 | 1,124 | 33.6% |
| 31 GUADELOUPE DR | 2025-02 | $239,000 | 1,124 | 65.3% |
| 68 BARBADOS DR SOUTH | 2025-09 | $259,900 | 1,124 | 41.3% |
| 32 SUTHERLAND CT | 2025-12 | $290,000 | 1,136 | 35.3% |
| 14 WOODBURY CT | 2025-09 | $295,000 | 1,136 | 36.3% |
| 311 ST VINCENT CT | 2025-09 | $285,000 | 1,124 | 40.8% |
| 27 GUADELOUPE DR | 2025-03 | $300,000 | 1,092 | 36.9% |
| 6 STANFORD DR | 2026-02 | $220,000 | 1,091 | 48.5% |
| 452 JAMAICA BLVD | 2025-01 | $260,000 | 1,124 | 44.4% |
| 14 SUTHERLAND CT | 2025-01 | $300,000 | 1,088 | 52.3% |
Is this your house?
Run your own report →