The Fair Share Report
2108 Central Ave 8
Berkeley, NJ 08752
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 $257,927 – $409,895, 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 $314,196 home should be assessed near $166,367.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,133 above what the ratio math suggests (56.6%).
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%106%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $2,438/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 364 HOOVER AVE | 2025-02 | $350,000 | 1,175 | 53.4% |
| 103 TWENTY-THIRD AVE #11 | 2026-04 | $827,000 | 1,156 | 48.3% |
| 16 PIERMONT RD | 2026-05 | $293,000 | 1,153 | 95.3% |
| 162 CASTLETON DR | 2026-03 | $258,622 | 1,153 | 76.3% |
| 164 GRAND CENTRAL PKWY | 2025-02 | $380,000 | 1,128 | 48.2% |
| 2108 CENTRAL AVE 10 | 2025-08 | $649,000 | 1,225 | 42.9% |
| 354 TRENTON AVE NORTH | 2025-10 | $260,000 | 1,144 | 81.2% |
| 569 COPLEY PL | 2026-05 | $380,000 | 1,128 | 43.6% |
| 38 WOODSTOCK DR | 2026-01 | $273,000 | 1,232 | 56.1% |
| 1 DAWN WAY | 2026-01 | $240,000 | 1,232 | 62.4% |
| 32 PARADISE BLVD | 2025-08 | $330,000 | 1,232 | 40.1% |
| 34 CHESTERFIELD LN | 2025-03 | $323,000 | 1,232 | 47.2% |
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