The Fair Share Report
20 Marathon St
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 $322,000 – $425,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,440 sq ft.
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 $375,000 home should be assessed near $198,563.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,963 below what the ratio math suggests (35.2%).
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
25%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 |
|---|---|---|---|---|
| 988 JAMAICA BLVD | 2025-10 | $380,000 | 1,440 | 35.3% |
| 757 JAMAICA BLVD | 2025-05 | $452,000 | 1,440 | 30.2% |
| 60 BONAIRE DR | 2025-01 | $405,000 | 1,440 | 45.7% |
| 145 PORT ROYAL DR | 2025-04 | $335,000 | 1,440 | 41.0% |
| 174 FT DE FRANCE AVE | 2025-03 | $375,000 | 1,440 | 37.2% |
| 11 SAN SALVADOR ST | 2026-06 | $345,000 | 1,440 | 39.1% |
| 125 LIBERTA DR | 2025-12 | $322,000 | 1,440 | 39.4% |
| 59 PUERTO VALLARTA ST | 2026-06 | $250,000 | 1,440 | 51.8% |
| 18 MARQUIS ST | 2025-09 | $440,000 | 1,440 | 28.7% |
| 18 MARQUIS ST | 2025-06 | $220,000 | 1,440 | 57.4% |
| 5 RODHOS ST | 2026-03 | $425,000 | 1,440 | 49.1% |
| 210 LAKEWOOD AVE | 2025-04 | $432,100 | 1,474 | 56.8% |
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