The Fair Share Report
22 Vail 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 $275,000 – $363,274, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,328 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 $307,000 home should be assessed near $162,557.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,144 above what the ratio math suggests (14.2%).
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%73%
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 |
|---|---|---|---|---|
| 185 CABRILLO BLVD | 2025-07 | $275,000 | 1,328 | 45.2% |
| 2 HYANNIS ST | 2026-04 | $307,000 | 1,328 | 40.5% |
| 20 INNSBRUCK DR | 2025-08 | $285,000 | 1,328 | 41.7% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 78 TROUMAKA ST | 2025-08 | $246,000 | 1,328 | 51.7% |
| 48 WHITAKER DR | 2026-04 | $410,000 | 1,318 | 51.5% |
| 11 WHITAKER DR | 2025-12 | $370,000 | 1,318 | 41.2% |
| 5 SHEEPSHEAD DR | 2026-05 | $440,000 | 1,340 | 33.7% |
| 55 WHITMORE DR | 2026-01 | $363,000 | 1,327 | 40.7% |
| 9 MORONGO CT | 2026-03 | $338,000 | 1,328 | 35.7% |
| 127 TROUMAKA ST | 2026-06 | $250,000 | 1,364 | 47.1% |
| 30 MARACAIBO PL | 2025-10 | $350,000 | 1,328 | 54.3% |
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