The Fair Share Report
230 Twenty Second Ave
Berkeley, NJ 08752
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 $536,276 – $941,943, 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 $729,484 home should be assessed near $386,262.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $155,938 above what the ratio math suggests (40.4%).
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%107%
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 |
|---|---|---|---|---|
| 40 MORRIS BLVD | 2025-12 | $585,000 | 2,374 | 52.0% |
| 65 NORTH ISLAND RD | 2025-11 | $830,000 | 2,285 | 51.4% |
| 254 BUTLER BLVD | 2025-08 | $625,000 | 1,968 | 58.4% |
| 9 COVE RD W | 2025-06 | $699,900 | 2,376 | 53.1% |
| 68 MALLARD RD | 2025-03 | $405,000 | 2,050 | 58.8% |
| 281 EVERGREEN DR | 2026-04 | $1,200,000 | 2,237 | 47.1% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 26 SWINDON CT | 2025-05 | $478,000 | 2,198 | 45.7% |
| 142 BUTLER BLVD | 2025-04 | $555,000 | 2,408 | 43.4% |
| 217 NO BAY DR | 2025-12 | $635,000 | 1,910 | 57.2% |
| 267 CYPRESS DR | 2025-08 | $1,151,500 | 2,418 | 48.4% |
| 12 CARLYLE DR | 2025-07 | $700,000 | 1,970 | 79.0% |
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