The Fair Share Report
22 Symphony Ave
Berkeley, NJ 08721
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 $330,660 – $401,141, 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 $377,647 home should be assessed near $199,964.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,836 above what the ratio math suggests (6.9%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.473 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%70%
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 |
|---|---|---|---|---|
| 52 CANTERBURY LN | 2026-02 | $400,000 | 1,615 | 47.1% |
| 24 LAMBERT WAY | 2025-12 | $380,000 | 1,615 | 49.0% |
| 80 CANTERBURY LN | 2025-10 | $340,000 | 1,615 | 55.6% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 195 CANTERBURY LN | 2025-06 | $365,000 | 1,584 | 50.9% |
| 10 BOLTON CT | 2026-04 | $385,000 | 1,615 | 48.3% |
| 17 SHEFFIELD DR | 2026-04 | $365,000 | 1,615 | 50.9% |
| 25 PORTSMOUTH DR | 2025-06 | $388,000 | 1,615 | 47.8% |
| 8 STOCKPORT DR | 2025-12 | $330,000 | 1,601 | 49.4% |
| 66 PARADISE BLVD | 2025-10 | $240,000 | 1,601 | 55.4% |
| 104 PARADISE BLVD | 2025-07 | $280,000 | 1,601 | 69.4% |
| 54 CANTERBURY LN | 2025-07 | $415,000 | 1,615 | 45.6% |
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