The Fair Share Report
209 Ceylon Ave
Berkeley, NJ 07006
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 $224,258 – $435,110, 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 $324,643 home should be assessed near $171,898.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,202 above what the ratio math suggests (35.0%).
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%109%
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 |
|---|---|---|---|---|
| 14 ALBATROSS PT | 2026-01 | $600,000 | 1,152 | 55.9% |
| 273 EVERGREEN DR | 2026-05 | $890,000 | 1,260 | 52.6% |
| 200 CEYLON AVE | 2026-03 | $420,000 | 1,224 | 62.4% |
| 145 SHERMAN AVE | 2025-08 | $200,000 | 1,160 | 77.0% |
| 145 SHERMAN AVE | 2025-04 | $165,000 | 1,160 | 93.4% |
| 19 GEORGETOWN DR | 2025-11 | $265,000 | 1,232 | 44.3% |
| 17 CHRISTIANSTED ST | 2026-01 | $262,470 | 1,232 | 45.6% |
| 10 SPANISH WELLS ST | 2025-11 | $315,000 | 1,232 | 38.1% |
| 120 FT DE FRANCE AVE | 2025-08 | $330,000 | 1,232 | 37.3% |
| 87 RONALD AVE SOUTH | 2025-06 | $624,000 | 1,284 | 51.8% |
| 32 HARRINGTON DR SOUTH | 2025-12 | $339,000 | 1,232 | 39.8% |
| 317 ST THOMAS DR | 2024-12 | $250,000 | 1,264 | 3.0% |
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