The Fair Share Report
3 Gower Rd
Berkeley, NJ 08755
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 $221,756 – $300,982, 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 $269,912 home should be assessed near $142,918.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,118 below what the ratio math suggests (44.2%).
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
21%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 |
|---|---|---|---|---|
| 38 NORTHUMBERLAND DR | 2025-12 | $200,000 | 990 | 50.3% |
| 57 ETON RD | 2026-04 | $280,000 | 971 | 36.1% |
| 18 BOLINGBROKE DR | 2025-01 | $235,000 | 971 | 62.7% |
| 10 SURREY CT | 2025-02 | $295,000 | 985 | 34.5% |
| 23 ETON RD | 2025-03 | $225,000 | 971 | 55.8% |
| 88 WESTBROOK DR | 2025-04 | $285,000 | 1,031 | 47.8% |
| 6 BIMINI DR | 2026-04 | $343,000 | 1,034 | 30.1% |
| 3 CALDWELL DR | 2026-03 | $279,000 | 971 | 46.3% |
| 4 CHANCELLOR CT | 2025-11 | $249,000 | 971 | 36.6% |
| 7 BONAIRE DR | 2025-09 | $250,000 | 1,034 | 40.4% |
| 9 HAMILTON CT | 2026-04 | $225,000 | 971 | 45.7% |
| 9 CARLISLE RD | 2026-05 | $220,000 | 1,059 | 45.1% |
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