The Fair Share Report
20 Edinburgh Dr
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 $220,436 – $270,436, 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 $240,517 home should be assessed near $127,354.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,554 below what the ratio math suggests (34.2%).
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
26%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 |
|---|---|---|---|---|
| 15 BRIAN CT | 2025-04 | $227,500 | 1,031 | 63.6% |
| 1046 EDGEBROOK DR EAST | 2026-03 | $215,000 | 1,031 | 46.3% |
| 1042 EDGEBROOK DR EAST | 2025-03 | $245,000 | 1,031 | 42.1% |
| 4 CHANCELLOR CT | 2025-11 | $249,000 | 971 | 36.6% |
| 9 HAMILTON CT | 2026-04 | $225,000 | 971 | 45.7% |
| 28 STANFORD CT EAST | 2025-10 | $324,900 | 971 | 32.1% |
| 11 SHERWOOD CT | 2025-10 | $280,000 | 1,067 | 37.8% |
| 88 WESTBROOK DR | 2025-04 | $285,000 | 1,031 | 47.8% |
| 859 EDGEBROOK DR NORTH | 2025-08 | $253,500 | 1,088 | 44.2% |
| 19 CAMBRIDGE CT | 2026-06 | $238,000 | 1,083 | 44.6% |
| 38 NORTHUMBERLAND DR | 2025-12 | $200,000 | 990 | 50.3% |
| 1074 EDGEBROOK DR SOUTH | 2026-04 | $255,000 | 1,074 | 39.3% |
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