The Fair Share Report
237 Twenty Second Ave
Berkeley, NJ 08833
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 $351,563 – $579,310, from 12 comparable Berkeley sales in the past 18 months, at this home's 540 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 $540,882 home should be assessed near $286,397.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,397 below what the ratio math suggests (11.0%).
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%78%
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 |
|---|---|---|---|---|
| 297 HURLEY AVE | 2025-05 | $319,000 | 528 | 49.8% |
| 32 SEVENTH LANE | 2025-03 | $560,000 | 522 | 49.1% |
| 46 OCEAN AVE | 2025-02 | $600,000 | 576 | 99.0% |
| 27 FOURTH LANE | 2025-03 | $549,000 | 648 | 50.3% |
| 29 FOURTH LANE | 2025-02 | $467,000 | 648 | 59.5% |
| 19 NINTH LANE | 2026-05 | $669,000 | 576 | 51.3% |
| 27 ELEVENTH LANE | 2026-03 | $375,000 | 576 | 86.3% |
| 29 TENTH LANE | 2026-02 | $600,000 | 576 | 51.1% |
| 26 FIFTH LANE | 2026-05 | $650,000 | 600 | 47.7% |
| 55N ARLINGTON WAY | 2025-09 | $210,000 | 440 | 96.2% |
| 115 MIDWAY AVE | 2025-11 | $615,000 | 576 | 52.6% |
| 37 ELEVENTH LANE | 2025-07 | $613,000 | 612 | 45.5% |
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