The Fair Share Report
222 Maple Dr
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 $397,887 – $694,750, 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 $575,198 home should be assessed near $304,567.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $280,433 above what the ratio math suggests (92.1%).
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 $2.547 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%152%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $7,263/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24 CHUTNEY ST | 2026-06 | $420,000 | 1,829 | 42.2% |
| 58 WINTERTON DR | 2025-05 | $475,000 | 1,862 | 36.4% |
| 25 LAWRENCE AVE | 2025-04 | $560,000 | 1,904 | 51.0% |
| 168 CHESTERFIELD LN | 2026-02 | $380,000 | 1,862 | 57.3% |
| 22 DOLPHIN CIRCLE WEST | 2026-03 | $580,000 | 1,817 | 43.9% |
| 50 YARDARM CT | 2025-09 | $750,000 | 1,882 | 52.6% |
| 371 VETERANS BLVD | 2025-06 | $585,000 | 1,828 | 42.5% |
| 11 OAKENGATES DR | 2025-06 | $419,900 | 1,826 | 48.0% |
| 124 AMHERST DR | 2025-06 | $840,000 | 1,840 | 42.9% |
| 73 TIMBERLINE RD | 2025-11 | $550,000 | 1,768 | 50.0% |
| 4 BRANCHWOOD PL | 2026-05 | $640,000 | 1,890 | 51.8% |
| 140 SYLVAN LAKE BLVD | 2025-07 | $360,000 | 1,832 | 56.6% |
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