The Fair Share Report
2 Twenty First Ave
Berkeley, NJ 08752
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 $220,852 – $332,866, 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 $269,761 home should be assessed near $142,838.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $414,662 above what the ratio math suggests (290.3%).
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%258%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $10,740/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3 BASSET CT | 2025-01 | $290,000 | 1,031 | 34.3% |
| 100 SUNSET DR NORTH #11 | 2025-02 | $510,000 | 950 | 36.7% |
| 103 TWENTY-THIRD AVE #11 | 2026-04 | $827,000 | 1,156 | 48.3% |
| 88 PUFFIN GLADE | 2026-05 | $245,000 | 928 | 42.9% |
| 80 BRAKENBURY DR | 2025-07 | $225,000 | 1,059 | 244.4% |
| 108 GEORGETOWN RD | 2025-03 | $339,900 | 1,059 | 30.4% |
| 76 PUFFIN GLADE | 2025-08 | $245,000 | 940 | 64.4% |
| 5 NORFOLK DR | 2025-02 | $279,000 | 1,107 | 37.6% |
| 15 BRIAN CT | 2025-04 | $227,500 | 1,031 | 63.6% |
| 2 BASSET DR | 2025-05 | $270,000 | 1,140 | 42.0% |
| 1046 EDGEBROOK DR EAST | 2026-03 | $215,000 | 1,031 | 46.3% |
| 1042 EDGEBROOK DR EAST | 2025-03 | $245,000 | 1,031 | 42.1% |
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