The Fair Share Report
27 First Ln
Berkeley, NJ 08753
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 $251,107 – $549,887, 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 $392,180 home should be assessed near $207,659.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,641 above what the ratio math suggests (24.9%).
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%109%
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 |
|---|---|---|---|---|
| 17 KILLINGTON RD | 2025-04 | $330,000 | 1,095 | 59.2% |
| 51 GOOD LUCK DRIVE | 2026-04 | $940,000 | 1,056 | 25.5% |
| 257 SANDLEWOOD DR | 2026-03 | $740,000 | 1,248 | 48.6% |
| 545 HOPEDALE DR SW | 2025-08 | $531,000 | 1,254 | 42.1% |
| 82 FOURTH AVE | 2025-04 | $410,000 | 960 | 32.8% |
| 82 FOURTH AVE | 2025-01 | $349,900 | 960 | 38.4% |
| 138 SPOONBILL HOLLOW | 2025-05 | $290,000 | 1,220 | 66.2% |
| 61 YARDARM CT | 2026-03 | $800,000 | 1,085 | 43.6% |
| 66 WINDJAMMER CT | 2025-10 | $530,000 | 1,085 | 65.0% |
| 38 LA DUNETTE DR | 2025-01 | $285,000 | 1,124 | 38.8% |
| 11 LA TERRAZA DR | 2026-02 | $275,000 | 1,092 | 55.4% |
| 354 WESTERN BLVD | 2026-05 | $515,000 | 1,248 | 48.0% |
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