The Fair Share Report
3 Banning 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 $260,000 – $385,166, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,364 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 $336,000 home should be assessed near $177,912.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,788 above what the ratio math suggests (2.7%).
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%76%
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 |
|---|---|---|---|---|
| 57 INNSBRUCK DR | 2025-06 | $260,000 | 1,364 | 48.5% |
| 367 PORT ROYAL DR | 2026-01 | $187,500 | 1,364 | 65.8% |
| 12 SAN JACINTO ST | 2025-11 | $338,500 | 1,364 | 37.8% |
| 31 MILLBROOK CT | 2026-06 | $320,000 | 1,360 | 48.3% |
| 22 INVERELL DR | 2026-04 | $298,000 | 1,364 | 41.7% |
| 4 AUGUSTA CT | 2025-10 | $336,000 | 1,364 | 38.1% |
| 41 INNSBRUCK DR | 2025-08 | $369,000 | 1,364 | 35.2% |
| 97 SELKIRK AVE | 2026-02 | $337,000 | 1,364 | 38.0% |
| 205 TORREY PINES DR | 2025-09 | $375,000 | 1,328 | 33.7% |
| 194 PORT ROYAL DR | 2026-06 | $420,000 | 1,364 | 28.7% |
| 133 BONAIRE DR | 2025-07 | $140,000 | 1,364 | 92.6% |
| 94 TROUMAKA ST | 2025-08 | $187,000 | 1,328 | 69.0% |
Is this your house?
Run your own report →