The Fair Share Report
3 Shaw 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 $296,037 – $409,518, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,494 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 $342,291 home should be assessed near $181,243.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,443 below what the ratio math suggests (22.9%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.411 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
29%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 |
|---|---|---|---|---|
| 4 RUTLAND DR | 2026-05 | $315,000 | 1,494 | 38.8% |
| 89 BRAKENBURY DR | 2025-08 | $285,000 | 1,494 | 56.8% |
| 24 RUTLAND DR | 2026-04 | $339,000 | 1,494 | 39.2% |
| 13 COBHAM CT | 2025-06 | $412,000 | 1,514 | 29.3% |
| 17 MONTREAL CT | 2025-07 | $399,000 | 1,484 | 44.5% |
| 223 WESTBROOK DR | 2025-06 | $411,000 | 1,494 | 34.5% |
| 30 NOSTRAND DR | 2025-10 | $434,900 | 1,494 | 45.6% |
| 53 WHITAKER DR | 2025-10 | $435,000 | 1,494 | 35.0% |
| 10 NORFOLK DR | 2025-02 | $300,000 | 1,514 | 63.5% |
| 57 DREYFUS CT | 2025-04 | $375,000 | 1,494 | 45.4% |
| 157 GUADELOUPE DR | 2025-04 | $340,000 | 1,484 | 39.6% |
| 10 SEVILLE PL | 2026-05 | $245,000 | 1,531 | 53.0% |
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