The Fair Share Report
25 Capri Ct
Berkeley, NJ 08757
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 $299,315 – $398,943, 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 $342,299 home should be assessed near $181,247.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,447 below what the ratio math suggests (28.4%).
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
27%68%
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 |
|---|---|---|---|---|
| 97 LIBERTA DR | 2025-08 | $355,000 | 1,264 | 50.3% |
| 48 NOSTRAND DR | 2025-11 | $399,000 | 1,318 | 54.2% |
| 60 CARLISLE RD | 2025-04 | $340,000 | 1,318 | 36.1% |
| 7 LE DIAMANT ST | 2025-10 | $300,000 | 1,264 | 42.9% |
| 30 MARACAIBO PL | 2025-10 | $350,000 | 1,328 | 54.3% |
| 8 CAPRI CT | 2025-07 | $410,000 | 1,328 | 33.2% |
| 15 SAN SALVADOR ST | 2025-04 | $300,000 | 1,328 | 41.0% |
| 65 NORTHUMBERLAND DR | 2026-04 | $350,000 | 1,318 | 34.9% |
| 111 LANGLEY CT | 2025-07 | $409,000 | 1,318 | 31.8% |
| 143 WESTBROOK DR | 2025-06 | $290,000 | 1,318 | 39.9% |
| 211 BONAIRE DR | 2026-05 | $305,000 | 1,264 | 37.4% |
| 235 BARBADOS DR NORTH | 2025-09 | $357,000 | 1,264 | 30.8% |
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