The Fair Share Report
22 Abaco St
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 $466,605 – $648,122, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,824 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 $510,522 home should be assessed near $270,321.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,421 below what the ratio math suggests (20.9%).
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
28%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 |
|---|---|---|---|---|
| 767 JAMAICA BLVD | 2026-06 | $540,000 | 1,896 | 30.3% |
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 69 MALLARD RD | 2025-12 | $470,000 | 1,814 | 57.1% |
| 9 ST FRANCOIS CT | 2026-04 | $580,000 | 1,812 | 25.4% |
| 4 RAVENNA CT | 2026-05 | $376,000 | 1,734 | 42.5% |
| 109 WEST ISLAND RD | 2025-06 | $710,000 | 1,920 | 57.0% |
| 12 CARLYLE DR | 2025-07 | $700,000 | 1,970 | 79.0% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 268 HARRINGTON DR NORTH | 2025-10 | $464,900 | 1,661 | 46.3% |
| 153 TORREY PINES DR | 2025-05 | $440,000 | 1,720 | 48.4% |
| 78 TOP SAIL CT | 2025-08 | $665,000 | 1,819 | 63.3% |
| 217 NO BAY DR | 2025-12 | $635,000 | 1,910 | 57.2% |
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