The Fair Share Report
26 Eleventh Ln
Berkeley, NJ 07204
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 $242,360 – $523,520, 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 $381,107 home should be assessed near $201,796.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,304 above what the ratio math suggests (43.3%).
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%125%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 213 FERNWOOD DR | 2025-08 | $520,000 | 762 | 54.6% |
| 33 ANCHORAGE BLVD | 2025-12 | $368,500 | 760 | 51.9% |
| 27 ANCHORAGE BLVD | 2025-09 | $345,000 | 760 | 46.4% |
| 231 BUTLER BLVD | 2025-12 | $480,000 | 775 | 60.1% |
| 74 SECOND AVE | 2026-05 | $260,000 | 800 | 40.9% |
| 12 LAWRENCE AVE | 2025-06 | $335,000 | 822 | 57.5% |
| 28 PARK AVE | 2025-07 | $255,000 | 760 | 71.4% |
| 225 ROSEWOOD DR | 2025-06 | $485,000 | 760 | 47.7% |
| 227 BUTLER BLVD | 2025-07 | $500,000 | 828 | 46.7% |
| 315 VANDERWELL AVE | 2025-12 | $180,000 | 744 | 70.1% |
| 55 SECOND AVE | 2025-05 | $275,000 | 864 | 37.0% |
| 237 BUTLER BLVD | 2026-04 | $475,000 | 736 | 42.1% |
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