The Fair Share Report
25 Stanton Ave
Berkeley, NJ 08741
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 $245,086 – $399,811, 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 $340,468 home should be assessed near $180,278.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,322 above what the ratio math suggests (14.0%).
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%89%
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 |
|---|---|---|---|---|
| 614 BAY BLVD | 2025-11 | $520,000 | 1,081 | 31.7% |
| 174 BRENNAN CONCOURSE | 2025-04 | $350,000 | 1,024 | 47.3% |
| 354 TRENTON AVE NORTH | 2025-10 | $260,000 | 1,144 | 81.2% |
| 259 KELLER ST | 2025-10 | $390,000 | 1,120 | 53.5% |
| 16 PIERMONT RD | 2026-05 | $293,000 | 1,153 | 95.3% |
| 162 CASTLETON DR | 2026-03 | $258,622 | 1,153 | 76.3% |
| 569 COPLEY PL | 2026-05 | $380,000 | 1,128 | 43.6% |
| 14 ST EUSTATIUS ST | 2025-09 | $250,000 | 1,126 | 7.2% |
| 164 GRAND CENTRAL PKWY | 2025-02 | $380,000 | 1,128 | 48.2% |
| 7 WHITMORE CT | 2026-02 | $275,000 | 1,122 | 83.8% |
| 364 HOOVER AVE | 2025-02 | $350,000 | 1,175 | 53.4% |
| 91 SHOREWOOD DR | 2025-03 | $300,000 | 1,207 | 72.4% |
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