The Fair Share Report
30 Third St
Berkeley, NJ 08005
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 $240,118 – $384,865, 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 $297,476 home should be assessed near $157,514.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,714 below what the ratio math suggests (53.8%).
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
13%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 |
|---|---|---|---|---|
| 28 PARK AVE | 2025-07 | $255,000 | 760 | 71.4% |
| 315 VANDERWELL AVE | 2025-12 | $180,000 | 744 | 70.1% |
| 74 SECOND AVE | 2026-05 | $260,000 | 800 | 40.9% |
| 33 ANCHORAGE BLVD | 2025-12 | $368,500 | 760 | 51.9% |
| 27 ANCHORAGE BLVD | 2025-09 | $345,000 | 760 | 46.4% |
| 12 LAWRENCE AVE | 2025-06 | $335,000 | 822 | 57.5% |
| 25 CHAIN BLVD | 2026-04 | $379,000 | 760 | 43.9% |
| 27 SYLVAN LAKE BLVD | 2026-06 | $350,550 | 880 | 52.0% |
| 46 PHEASANT DR | 2025-01 | $299,500 | 880 | 69.2% |
| 531 ASTOR PL | 2025-10 | $320,000 | 824 | 51.6% |
| 231 BUTLER BLVD | 2025-12 | $480,000 | 775 | 60.1% |
| 937 EDGEBROOK DR NORTH | 2026-01 | $170,000 | 816 | 59.1% |
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