The Fair Share Report
237 Twenty Third 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 $431,286 – $658,333, from 12 comparable Berkeley sales in the past 18 months, at this home's 632 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 $594,938 home should be assessed near $315,020.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,980 above what the ratio math suggests (22.2%).
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%95%
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 |
|---|---|---|---|---|
| 37 ELEVENTH LANE | 2025-07 | $613,000 | 612 | 45.5% |
| 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% |
| 231 BUTLER BLVD | 2025-12 | $480,000 | 775 | 60.1% |
| 300 HURLEY AVE | 2025-10 | $285,000 | 567 | 39.2% |
| 213 FERNWOOD DR | 2025-08 | $520,000 | 762 | 54.6% |
| 32 SEVENTH LANE | 2025-03 | $560,000 | 522 | 49.1% |
| 136 TWENTY-FOURTH AVE | 2025-01 | $777,777 | 726 | 50.2% |
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