The Fair Share Report
3 Arima Ct
Berkeley, NJ 08757
The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $253,517 – $314,196, 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 $272,921 home should be assessed near $144,512.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,912 below what the ratio math suggests (20.0%).
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%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 BAY BLVD | 2025-06 | $425,000 | 1,232 | 49.7% |
| 17 CHRISTIANSTED ST | 2026-01 | $262,470 | 1,232 | 45.6% |
| 19 GEORGETOWN DR | 2025-11 | $265,000 | 1,232 | 44.3% |
| 6 FALMOUTH ST | 2026-03 | $292,900 | 1,232 | 41.5% |
| 10 SPANISH WELLS ST | 2025-11 | $315,000 | 1,232 | 38.1% |
| 120 FT DE FRANCE AVE | 2025-08 | $330,000 | 1,232 | 37.3% |
| 9 PORT ROYAL DR | 2025-11 | $235,000 | 1,232 | 51.7% |
| 109 EDINBURGH CT | 2025-07 | $230,000 | 1,153 | 45.6% |
| 2 STANFORD DR | 2025-06 | $250,000 | 1,153 | 53.8% |
| 32 HARRINGTON DR SOUTH | 2025-12 | $339,000 | 1,232 | 39.8% |
| 429 ST THOMAS DR | 2026-03 | $260,000 | 1,147 | 43.1% |
| 38 ETON RD | 2026-03 | $265,000 | 1,201 | 43.5% |
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