The Fair Share Report
21 Banning Ct
Berkeley, NJ 07646
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 $267,602 – $392,986, 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 $361,181 home should be assessed near $191,245.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,845 below what the ratio math suggests (33.4%).
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
27%68%
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 |
|---|---|---|---|---|
| 24 INNSBRUCK DR | 2025-08 | $410,000 | 1,264 | 43.5% |
| 237 VIRGINIA AVE | 2026-06 | $465,000 | 1,276 | 48.1% |
| 283 WOODHAVEN BLVD SW | 2025-09 | $475,000 | 1,290 | 42.4% |
| 16 PAVILION ST | 2025-11 | $335,000 | 1,264 | 34.4% |
| 52 ORLANDO BLVD | 2025-12 | $255,000 | 1,292 | 48.7% |
| 211 BONAIRE DR | 2026-05 | $305,000 | 1,264 | 37.4% |
| 1 REDLANDS CT | 2026-05 | $349,000 | 1,232 | 49.2% |
| 236 CABRILLO BLVD | 2026-02 | $350,000 | 1,232 | 51.9% |
| 289 COSTA MESA DR | 2026-02 | $272,500 | 1,232 | 45.8% |
| 2 PECHANGA ST | 2026-01 | $275,000 | 1,232 | 46.0% |
| 1 LAGOS CT | 2026-01 | $375,000 | 1,232 | 34.7% |
| 21 REDLANDS CT | 2026-01 | $350,000 | 1,232 | 33.2% |
Is this your house?
Run your own report →