The Fair Share Report
24 Jonathan 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 $494,955 – $642,590, 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 $541,078 home should be assessed near $286,501.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,299 above what the ratio math suggests (12.0%).
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%70%
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 |
|---|---|---|---|---|
| 13 SKIMMER LANE | 2026-03 | $490,000 | 2,004 | 53.1% |
| 14 OSPREY LANE | 2025-07 | $540,000 | 2,004 | 55.3% |
| 6 OSPREY LANE | 2025-06 | $520,000 | 2,004 | 49.6% |
| 1 OSPREY LANE | 2025-04 | $660,000 | 2,004 | 45.2% |
| 25 LAWRENCE AVE | 2025-04 | $560,000 | 1,904 | 51.0% |
| 1025 BAYVIEW AVE | 2025-10 | $751,000 | 1,931 | 75.8% |
| 96 BEACH DR | 2025-10 | $810,000 | 2,097 | 43.8% |
| 18 SKIMMER LANE | 2025-07 | $495,000 | 1,728 | 55.4% |
| 220 EDWARD AVE | 2026-02 | $595,000 | 1,990 | 42.3% |
| 4 BLYTH CT | 2025-06 | $445,000 | 1,928 | 103.5% |
| 26 SLOOP CREEK RD | 2025-05 | $625,000 | 2,392 | 61.0% |
| 336 ARLINGTON AVE | 2026-03 | $570,565 | 2,282 | 61.9% |
Is this your house?
Run your own report →