The Fair Share Report
20 Pinecrest Dr
Berkeley, NJ 08721
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 $304,038 – $418,437, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,545 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 $369,710 home should be assessed near $195,761.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,239 above what the ratio math suggests (12.4%).
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 $2.476 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
30%78%
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 |
|---|---|---|---|---|
| 151 HUNTLEY AVE | 2025-10 | $375,000 | 1,590 | 38.1% |
| 96 OCEAN AVE | 2025-02 | $1,700,000 | 1,600 | 43.0% |
| 21 DOCKAGE RD | 2025-08 | $370,000 | 1,496 | 62.6% |
| 18 ANCHORAGE BLVD | 2026-06 | $270,000 | 1,422 | 74.0% |
| 60 WOODLAND RD | 2026-05 | $312,500 | 1,588 | 65.1% |
| 70 MALLARD RD | 2025-01 | $380,000 | 1,588 | 69.5% |
| 54 KORMAN RD | 2025-04 | $415,000 | 1,503 | 51.9% |
| 26 GRENADA ST | 2026-05 | $240,000 | 1,440 | 52.2% |
| 1015 EDGEBROOK DR EAST | 2025-01 | $350,000 | 1,451 | 40.7% |
| 119 BARBADOS DR SOUTH | 2025-12 | $359,000 | 1,440 | 38.4% |
| 3 GRENADA ST | 2025-07 | $330,000 | 1,440 | 39.5% |
| 78 RONALD AVE SOUTH | 2026-04 | $845,000 | 1,656 | 43.6% |
Is this your house?
Run your own report →