The Fair Share Report
22 Chutney 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 $366,775 – $502,317, 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 $411,802 home should be assessed near $218,049.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,249 below what the ratio math suggests (17.5%).
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 |
|---|---|---|---|---|
| 88 PORTSMOUTH DR | 2025-01 | $365,000 | 1,545 | 50.9% |
| 28 COHANSEY DR | 2026-04 | $477,000 | 1,509 | 31.4% |
| 71 WINTERTON DR | 2026-05 | $329,900 | 1,502 | 45.0% |
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 1 SOPHIA CT | 2025-08 | $390,000 | 1,545 | 38.9% |
| 10 STROUD CT | 2026-04 | $365,000 | 1,509 | 49.4% |
| 18 BLUE HERON LANE | 2025-05 | $585,000 | 1,579 | 44.0% |
| 24 BLUE HERON LANE | 2025-03 | $565,600 | 1,579 | 45.0% |
| 60 CANTERBURY LN | 2025-08 | $385,000 | 1,509 | 48.4% |
| 14 PRADO CT | 2025-12 | $330,000 | 1,545 | 45.5% |
| 185 PRINCE CHARLES DR | 2026-03 | $419,900 | 1,509 | 45.0% |
| 20 ABERGELE DR | 2025-07 | $438,000 | 1,509 | 42.6% |
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