The Fair Share Report
26 Narberth Way
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 $360,010 – $420,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,509 sq ft.
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 $380,913 home should be assessed near $201,693.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,207 above what the ratio math suggests (35.8%).
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%82%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $1,870/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 MAPLETON RD | 2025-07 | $510,000 | 1,514 | 26.1% |
| 1 SHEARWATER HOLLOW | 2026-03 | $355,000 | 1,488 | 56.9% |
| 1 SHEARWATER HOLLOW | 2025-10 | $200,000 | 1,488 | 100.9% |
| 44 WESTPORT DR | 2025-09 | $365,000 | 1,514 | 35.5% |
| 103 SHEEPSHEAD DR | 2025-03 | $434,900 | 1,514 | 31.7% |
| 8 NEWBURY CT | 2026-06 | $420,000 | 1,509 | 45.7% |
| OCEAN & 22ND AVE | 2025-04 | $807,500 | 1,504 | 55.1% |
| 47 NARBERTH WAY | 2025-12 | $410,000 | 1,545 | 53.7% |
| 14 PRADO CT | 2025-12 | $330,000 | 1,545 | 45.5% |
| 51 WINTERTON DR | 2026-01 | $387,000 | 1,509 | 38.7% |
| 11 STROUD CT | 2025-01 | $390,000 | 1,545 | 49.5% |
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
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