The Fair Share Report
201 Midway Ave
Berkeley, NJ 08752
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 $385,064 – $879,673, 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 $571,303 home should be assessed near $302,505.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $169,595 above what the ratio math suggests (56.1%).
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%128%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 69 MALLARD RD | 2025-12 | $470,000 | 1,814 | 57.1% |
| 60 WOODLAND RD | 2026-05 | $312,500 | 1,588 | 65.1% |
| 70 MALLARD RD | 2025-01 | $380,000 | 1,588 | 69.5% |
| 7 BEDFORD CT | 2026-04 | $305,000 | 1,648 | 42.8% |
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 217 NO BAY DR | 2025-12 | $635,000 | 1,910 | 57.2% |
| 76 RONALD AVE SOUTH | 2025-10 | $905,000 | 1,694 | 45.8% |
| 82 SCOTT CT | 2026-04 | $530,000 | 1,604 | 44.2% |
| 151 HUNTLEY AVE | 2025-10 | $375,000 | 1,590 | 38.1% |
| 210 MIDWAY AVE | 2026-04 | $1,200,000 | 1,740 | 36.0% |
| 71 RONALD AVE SOUTH | 2026-06 | $850,000 | 1,766 | 41.8% |
| 228 SANDLEWOOD DR | 2025-08 | $575,000 | 1,620 | 60.3% |
Is this your house?
Run your own report →