The Fair Share Report
28 Capri Ct
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 $264,000 – $335,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $310,000 home should be assessed near $164,145.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,445 below what the ratio math suggests (22.8%).
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%68%
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 |
|---|---|---|---|---|
| 113 BIABOU DR | 2026-05 | $350,000 | 1,232 | 39.9% |
| 2 CORINTH PL | 2025-12 | $350,000 | 1,232 | 33.7% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 20 LIBERTA DR | 2025-08 | $280,000 | 1,232 | 43.0% |
| 30 ELDORADO ST | 2025-05 | $324,000 | 1,232 | 37.2% |
| 260 PORT ROYAL DR | 2026-06 | $212,500 | 1,232 | 56.2% |
| 60 BIABOU DR | 2026-05 | $320,000 | 1,232 | 35.3% |
| 1 MIRAMAR CT | 2026-05 | $335,000 | 1,232 | 35.3% |
| 16 MIRADOR CT | 2026-04 | $335,000 | 1,232 | 46.3% |
| 2 TAJ MAHAL CT | 2026-03 | $264,000 | 1,232 | 44.7% |
| 959 JAMAICA BLVD | 2026-03 | $440,000 | 1,232 | 30.5% |
| 170 PORT ROYAL DR | 2026-01 | $250,000 | 1,232 | 49.7% |
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