The Fair Share Report

210 Berkeley Ave

Newark, NJ 07107

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.

Step 1 · Market value

≈ $495,105

Likely range $406,581 – $543,882, from 12 comparable Newark sales in the past 18 months, at this home's 1,656 sq ft.

Step 2 · The Director's Ratio

40.69%

The state's official measure of how far Newark assessments sit below market value — republished every October, applied town-wide. A $495,105 home should be assessed near $201,458.

Step 3 · Assessed value

$124,400

Set at the last town-wide revaluation and mostly frozen since. That's $77,058 below what the ratio math suggests (38.3%).

Step 4 · The tax rate — same for every Newark home

$3.999 per $100 assessed

$1.162 Schools · 29% $0.519 County · 13% $2.318 Town · 58%

Step 5 · The bill

$4,975/yr
Public schools$1,446
Essex County$646
Town of Newark$2,884
Newark average$7,640

This home vs. every recent Newark sale · assessed ÷ market

Town median 33.7%
This home · 25.1%

17%58%

Paying about right

This home's ratio lands inside Newark's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
238 N 6TH ST2026-03$380,0001,68028.6%
288- GARSIDE ST2025-05$411,0001,67429.1%
170 CHRISTIE ST2025-12$490,0001,61228.2%
140 SHERMAN AVE2025-09$106,0001,62092.5%
418 SUMMER AVE2025-07$605,0001,71117.9%
168 PARKER ST2025-05$536,0001,63213.1%
27 DOWNING ST2025-06$519,9001,51426.7%
58 VANDERPOOL ST2025-09$395,0001,51013.9%
12 THOMAS ST2025-05$430,0001,61867.5%
187 N 6TH ST2025-11$510,0001,66050.1%
108 PEABODY PL2025-11$720,0001,52044.5%
463 SUMMER AVE2025-12$350,0001,66137.0%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →