The Fair Share Report
205 Twenty First 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 $241,849 – $350,894, 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 $298,699 home should be assessed near $158,161.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $265,039 above what the ratio math suggests (167.6%).
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%180%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $6,865/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| OCEAN & 22ND AVE | 2025-01 | $915,000 | 1,263 | 57.5% |
| 154 DAVENPORT RD | 2026-06 | $251,500 | 1,328 | 48.5% |
| 31 SAN CARLOS ST | 2025-09 | $390,000 | 1,328 | 44.4% |
| 26 BUENA VISA DR | 2025-07 | $255,000 | 1,328 | 69.7% |
| 27 SELKIRK AVE | 2025-06 | $309,900 | 1,328 | 37.7% |
| 191 FREEPORT BLVD | 2025-04 | $260,000 | 1,328 | 66.3% |
| 3 CHOPIN CT | 2025-03 | $330,000 | 1,328 | 35.4% |
| 31 SAN CARLOS ST | 2025-02 | $260,000 | 1,328 | 66.5% |
| 3 CHOPIN CT | 2025-01 | $265,000 | 1,328 | 44.0% |
| 6 SPEIGHSTOWN PL | 2026-06 | $295,000 | 1,232 | 40.2% |
| 115 SAN CARLOS ST | 2026-05 | $360,000 | 1,232 | 46.7% |
| 73 SAN CARLOS ST | 2026-05 | $330,000 | 1,232 | 36.5% |
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