The Fair Share Report
225 Pine 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 $304,355 – $727,800, 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 $340,885 home should be assessed near $180,499.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $150,101 above what the ratio math suggests (83.2%).
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%114%
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 |
|---|---|---|---|---|
| 111 LAWSHE DR | 2026-06 | $559,000 | 1,482 | 56.5% |
| 234 CEDAR DR | 2025-08 | $625,000 | 1,512 | 51.9% |
| 273 EVERGREEN DR | 2026-05 | $890,000 | 1,260 | 52.6% |
| 1453 BARNEGAT AVE | 2026-04 | $925,000 | 1,314 | 43.2% |
| 18 ANCHORAGE BLVD | 2026-06 | $270,000 | 1,422 | 74.0% |
| 96 OCEAN AVE | 2025-02 | $1,700,000 | 1,600 | 43.0% |
| 1015 EDGEBROOK DR EAST | 2025-01 | $350,000 | 1,451 | 40.7% |
| 87 RONALD AVE SOUTH | 2025-06 | $624,000 | 1,284 | 51.8% |
| 1 MARGARITA ST | 2025-08 | $357,000 | 1,440 | 37.6% |
| 151 GUADELOUPE DR | 2026-04 | $317,500 | 1,328 | 37.8% |
| 340 BARBADOS DR NORTH | 2025-10 | $330,000 | 1,364 | 38.9% |
| 384 BARBADOS DR NORTH | 2025-05 | $307,500 | 1,364 | 39.8% |
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