The Fair Share Report
20 Langley 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 $216,701 – $282,628, 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 $252,518 home should be assessed near $133,708.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,908 below what the ratio math suggests (26.1%).
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 |
|---|---|---|---|---|
| 355 WESTERN BLVD | 2026-05 | $375,000 | 1,104 | 47.0% |
| 38 ROMAN ST | 2026-03 | $242,500 | 1,092 | 43.2% |
| 848 JAMAICA BLVD | 2025-10 | $265,000 | 1,092 | 39.9% |
| 302 BARBADOS DR NORTH | 2025-07 | $255,000 | 1,092 | 43.4% |
| 23 MARATHON ST | 2025-07 | $250,000 | 1,092 | 38.8% |
| 343 BARBADOS DR NORTH | 2025-07 | $220,000 | 1,092 | 60.6% |
| 17 PALMETTO PT ST | 2025-06 | $226,500 | 1,092 | 44.1% |
| 18 ROMAN ST | 2025-06 | $338,000 | 1,092 | 31.1% |
| 5 NORFOLK DR | 2025-02 | $279,000 | 1,107 | 37.6% |
| 24 HAMPSHIRE RD | 2025-12 | $240,000 | 1,088 | 44.0% |
| 1 HAMPSHIRE RD | 2026-05 | $315,000 | 1,121 | 33.7% |
| 160 WESTBROOK DR | 2026-05 | $210,000 | 1,121 | 51.4% |
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