The Fair Share Report
308 Roberts Ave
Berkeley, NJ 07004
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 $299,439 – $425,598, 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 $325,155 home should be assessed near $172,170.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $315,730 above what the ratio math suggests (183.4%).
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%168%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $8,177/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 154 BONAIRE DR | 2026-03 | $400,000 | 1,364 | 34.3% |
| 119 HYANNIS ST | 2025-09 | $262,000 | 1,364 | 47.7% |
| 23 SANTA FE CT | 2025-06 | $415,000 | 1,364 | 44.0% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 363 ROBERTS AVE | 2026-05 | $995,000 | 1,260 | 50.1% |
| 145 PORT ROYAL DR | 2025-04 | $335,000 | 1,440 | 41.0% |
| 5 RODHOS ST | 2026-03 | $425,000 | 1,440 | 49.1% |
| 8 MERRILEE LN | 2026-04 | $310,000 | 1,328 | 51.1% |
| 25 CANTERBURY LN | 2025-03 | $310,000 | 1,328 | 74.2% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 12 BAY BLVD | 2025-06 | $425,000 | 1,232 | 49.7% |
| 1015 EDGEBROOK DR EAST | 2025-01 | $350,000 | 1,451 | 40.7% |
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