The Fair Share Report
21 Ford Ave
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 $297,917 – $394,844, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,430 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 $356,507 home should be assessed near $188,770.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,230 above what the ratio math suggests (14.4%).
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
30%78%
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 |
|---|---|---|---|---|
| 145 PORT ROYAL DR | 2025-04 | $335,000 | 1,440 | 41.0% |
| 88 SCARBOROUGH PL | 2025-08 | $292,000 | 1,440 | 50.6% |
| 1015 EDGEBROOK DR EAST | 2025-01 | $350,000 | 1,451 | 40.7% |
| 14 SCARBOROUGH PL | 2025-01 | $390,000 | 1,440 | 38.9% |
| 61 BITTERN LN | 2025-12 | $370,000 | 1,464 | 56.0% |
| 5 RODHOS ST | 2026-03 | $425,000 | 1,440 | 49.1% |
| 119 BARBADOS DR SOUTH | 2025-12 | $359,000 | 1,440 | 38.4% |
| 174 FT DE FRANCE AVE | 2025-03 | $375,000 | 1,440 | 37.2% |
| 26 GRENADA ST | 2026-05 | $240,000 | 1,440 | 52.2% |
| 12 LONGPORT AVE | 2025-11 | $715,000 | 1,452 | 49.0% |
| 62 BARBADOS DR SOUTH | 2025-09 | $300,000 | 1,440 | 40.2% |
| 62 BARBADOS DR SOUTH | 2025-08 | $235,000 | 1,440 | 51.3% |
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