The Fair Share Report
214 Route 37
Berkeley, NJ 08751
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 $222,788 – $403,511, 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 $283,292 home should be assessed near $150,003.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,897 above what the ratio math suggests (46.6%).
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%104%
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 SHERMAN AVE | 2025-08 | $200,000 | 1,160 | 77.0% |
| 145 SHERMAN AVE | 2025-04 | $165,000 | 1,160 | 93.4% |
| 229 PT PLEASANT AVE | 2026-06 | $385,000 | 1,092 | 45.1% |
| 1 JOY PL | 2025-05 | $334,000 | 1,100 | 55.0% |
| 519 BAY BLVD | 2025-09 | $371,000 | 1,050 | 45.9% |
| 200 CEYLON AVE | 2026-03 | $420,000 | 1,224 | 62.4% |
| 30 SHERWOOD LN | 2025-09 | $219,900 | 1,127 | 48.0% |
| 103 EDINBURGH CT | 2025-06 | $279,000 | 1,105 | 41.1% |
| 10 WOODBURY CT | 2025-11 | $235,000 | 1,136 | 46.0% |
| 206 CORNELIUS ST | 2026-05 | $410,000 | 1,029 | 51.4% |
| 324 ST THOMAS DR | 2026-06 | $339,000 | 1,124 | 51.2% |
| 19 CAMBRIDGE CT | 2026-06 | $238,000 | 1,083 | 44.6% |
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