The Fair Share Report
22 Bedivere 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 $358,904 – $459,859, 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 $419,023 home should be assessed near $221,873.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,473 below what the ratio math suggests (19.1%).
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 |
|---|---|---|---|---|
| 24 MARACAIBO PL | 2025-12 | $465,000 | 1,584 | 44.6% |
| 12 NELSON CT | 2026-01 | $420,000 | 1,580 | 44.4% |
| 54 STORM JIB CT | 2025-10 | $680,000 | 1,529 | 56.6% |
| 1 CARLSBAD DR | 2026-01 | $360,000 | 1,544 | 51.8% |
| 253 WESTBROOK DR | 2025-02 | $382,400 | 1,514 | 34.1% |
| 8 THRONBURY CT | 2025-09 | $405,000 | 1,601 | 40.9% |
| 10 SEVILLE PL | 2026-05 | $245,000 | 1,531 | 53.0% |
| 47 NARBERTH WAY | 2025-12 | $410,000 | 1,545 | 53.7% |
| 24 BUGLE CT | 2025-12 | $425,000 | 1,514 | 39.6% |
| 24 BUGLE CT | 2025-09 | $300,000 | 1,514 | 56.2% |
| OCEAN & 22ND AVE | 2025-04 | $807,500 | 1,504 | 55.1% |
| 44 WESTPORT DR | 2025-09 | $365,000 | 1,514 | 35.5% |
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