The Fair Share Report
21 Millbrook Ct
Berkeley, NJ 08757
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 $277,910 – $356,038, 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 $302,419 home should be assessed near $160,131.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,869 above what the ratio math suggests (5.5%).
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%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 |
|---|---|---|---|---|
| 119 EDGEWATER CT | 2026-04 | $315,000 | 1,404 | 48.3% |
| 127 TROUMAKA ST | 2026-06 | $250,000 | 1,364 | 47.1% |
| 23 BURLINGTON CT | 2025-08 | $326,131 | 1,360 | 53.4% |
| 246 CABRILLO BLVD | 2025-10 | $345,000 | 1,364 | 35.6% |
| 37 BROOKFIELD CT | 2025-12 | $422,500 | 1,404 | 29.6% |
| 2 ST ANDREWS CT | 2025-01 | $275,000 | 1,364 | 46.3% |
| 185 CABRILLO BLVD | 2025-07 | $275,000 | 1,328 | 45.2% |
| 154 BONAIRE DR | 2026-03 | $400,000 | 1,364 | 34.3% |
| 119 HYANNIS ST | 2025-09 | $262,000 | 1,364 | 47.7% |
| 23 SANTA FE CT | 2025-06 | $415,000 | 1,364 | 44.0% |
| 70 INNSBRUCK DR | 2025-11 | $295,000 | 1,440 | 45.7% |
| 50 OAKFIELD RD | 2026-01 | $295,000 | 1,404 | 43.9% |
Is this your house?
Run your own report →