The Fair Share Report
3 Encinitas Dr
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 $392,577 – $507,966, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,748 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 $477,331 home should be assessed near $252,747.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $98,047 below what the ratio math suggests (38.8%).
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
25%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 11 SOUTH POINT CT | 2025-07 | $380,000 | 1,692 | 35.6% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 9 WESTGATE CT | 2026-05 | $409,000 | 1,728 | 48.5% |
| 38 BELMONT AVE | 2025-12 | $495,000 | 1,736 | 51.8% |
| 265 CYPRESS DR | 2025-11 | $1,055,000 | 1,873 | 51.3% |
| 310 ATLANTIC CITY AVE | 2025-07 | $495,000 | 1,750 | 46.9% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 153 TORREY PINES DR | 2025-05 | $440,000 | 1,720 | 48.4% |
| 11 OLSTINS CT | 2026-05 | $355,000 | 1,638 | 39.8% |
| 4 RAVENNA CT | 2026-05 | $376,000 | 1,734 | 42.5% |
| 317 TRENTON AVE NORTH | 2025-09 | $480,000 | 1,635 | 49.4% |
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