The Fair Share Report
312 Grant Ave
Berkeley, NJ 08734
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 $246,650 – $378,691, 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 $313,533 home should be assessed near $166,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,684 above what the ratio math suggests (2.2%).
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
30%74%
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 |
|---|---|---|---|---|
| 257 SANDLEWOOD DR | 2026-03 | $740,000 | 1,248 | 48.6% |
| 326 JAMAICA BLVD | 2025-02 | $379,000 | 1,356 | 37.6% |
| 119 SANDPIPER LN | 2025-04 | $310,000 | 1,278 | 45.7% |
| 103 SANDPIPER LN | 2025-04 | $327,000 | 1,278 | 56.3% |
| 73 GUADALAJARA DR | 2025-08 | $315,000 | 1,232 | 39.2% |
| 73 GUADALAJARA DR | 2025-05 | $240,000 | 1,232 | 51.4% |
| 46 LA DUNETTE DR | 2025-10 | $270,000 | 1,328 | 45.4% |
| 6 MANITOBA CT | 2025-10 | $295,000 | 1,328 | 41.6% |
| 4 HAITI CT | 2025-09 | $295,000 | 1,328 | 42.6% |
| 4 ELMSWELL CT | 2025-03 | $428,000 | 1,328 | 37.1% |
| 8 CHESTERFIELD CT | 2026-04 | $238,000 | 1,328 | 66.2% |
| 56 WOODSTOCK DR | 2025-01 | $250,000 | 1,328 | 80.7% |
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