The Fair Share Report
259 Berkeley Ave
Newark, NJ 07107
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 $395,477 – $675,922, from 12 comparable Newark 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 Newark assessments sit below market value — republished every October, applied town-wide. A $582,440 home should be assessed near $236,995.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,195 below what the ratio math suggests (27.5%).
Step 4 · The tax rate — same for every Newark home
$1.162 Schools · 29% $0.519 County · 13% $2.318 Town · 58%
Step 5 · The bill
This home vs. every recent Newark sale · assessed ÷ market
18%58%
Paying about right
This home's ratio lands inside Newark'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 |
|---|---|---|---|---|
| 103 SCHLEY ST | 2025-09 | $700,000 | 1,960 | 29.7% |
| 624 S 19TH ST | 2026-06 | $665,000 | 2,000 | 20.9% |
| 164 N 7TH ST | 2025-07 | $345,000 | 1,961 | 49.8% |
| 35 PALM ST | 2026-01 | $450,000 | 2,016 | 25.1% |
| 489-491 N 11TH ST | 2025-02 | $765,000 | 2,006 | 22.8% |
| 695 CLIFTON AVE | 2025-10 | $650,000 | 1,956 | 37.7% |
| 390 N 6TH ST | 2025-07 | $660,000 | 1,858 | 18.6% |
| 285 N 6TH ST | 2026-05 | $400,000 | 1,894 | 29.1% |
| 57 COMMONWEALTH AVE | 2025-04 | $500,000 | 1,991 | 52.5% |
| 108 DAVENPORT AVE | 2026-01 | $615,000 | 1,875 | 24.3% |
| 59 ST FRANCIS ST | 2026-02 | $675,000 | 2,016 | 34.7% |
| 88-90 N 10TH ST | 2026-03 | $517,000 | 1,957 | 35.7% |
Is this your house?
Run your own report →