The Fair Share Report
238 Twenty Second Ave
Berkeley, NJ 08853
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 $320,666 – $429,545, 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 $384,713 home should be assessed near $203,706.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $295,094 above what the ratio math suggests (144.9%).
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%161%
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 $7,643/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 85 SAN CARLOS ST | 2025-04 | $235,000 | 1,776 | 61.3% |
| 16 MERRILEE LN | 2025-11 | $393,000 | 1,652 | 42.8% |
| 32 TOPPINGLIFT DR | 2026-01 | $619,888 | 1,710 | 65.3% |
| 23 MANITOBA CT | 2026-05 | $359,900 | 1,601 | 36.9% |
| 43 SANTO DOMINGO DR | 2026-01 | $347,000 | 1,601 | 39.5% |
| 8 MANITOBA CT | 2026-01 | $305,000 | 1,601 | 53.9% |
| 64 LA DUNETTE DR | 2025-11 | $395,000 | 1,601 | 40.0% |
| 184 PULASKI BLVD | 2025-08 | $325,000 | 1,601 | 41.8% |
| 3 NORANDA ST | 2025-06 | $390,000 | 1,601 | 53.0% |
| 23 TROPICANA CT | 2025-02 | $355,000 | 1,601 | 37.8% |
| 127 SYLVAN LAKE BLVD | 2025-08 | $439,000 | 1,726 | 44.9% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
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