The Fair Share Report
20 Garrett Rd
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 $274,794 – $421,814, 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 $307,711 home should be assessed near $162,933.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,133 below what the ratio math suggests (21.6%).
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 $2.199 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
25%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 |
|---|---|---|---|---|
| 237 VIRGINIA AVE | 2026-06 | $465,000 | 1,276 | 48.1% |
| OCEAN & 22ND AVE | 2025-01 | $915,000 | 1,263 | 57.5% |
| 3 SUNNYDALE CT | 2025-08 | $360,000 | 1,241 | 53.9% |
| 47 NORMANTON CT | 2026-03 | $285,000 | 1,232 | 52.3% |
| 134 PULASKI BLVD | 2026-03 | $230,000 | 1,232 | 54.6% |
| 12 SANTO DOMINGO DR | 2025-11 | $390,000 | 1,232 | 30.7% |
| 46 CARMACKS WAY | 2025-10 | $290,000 | 1,232 | 41.3% |
| 11 DAWN WAY | 2025-09 | $335,000 | 1,232 | 44.4% |
| 169 PULASKI BLVD | 2025-08 | $359,990 | 1,232 | 39.0% |
| 117 PULASKI BLVD | 2025-07 | $420,000 | 1,232 | 36.7% |
| 93 PARADISE BLVD | 2025-02 | $270,000 | 1,232 | 63.1% |
| 52 ORLANDO BLVD | 2025-12 | $255,000 | 1,292 | 48.7% |
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