The Fair Share Report
314 Eastern Blvd
Berkeley, NJ 08721
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 $258,618 – $426,204, 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 $346,692 home should be assessed near $183,573.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,427 above what the ratio math suggests (6.8%).
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
30%81%
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 |
|---|---|---|---|---|
| 237 VIRGINIA AVE | 2026-06 | $465,000 | 1,276 | 48.1% |
| 193 BIABOU DR | 2026-03 | $342,500 | 1,232 | 33.1% |
| 102 BIMINI DR | 2025-05 | $250,000 | 1,232 | 49.4% |
| 283 WOODHAVEN BLVD SW | 2025-09 | $475,000 | 1,290 | 42.4% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 16 MIRADOR CT | 2026-04 | $335,000 | 1,232 | 46.3% |
| 170 PORT ROYAL DR | 2026-01 | $250,000 | 1,232 | 49.7% |
| 38 MARQUIS ST | 2026-01 | $270,000 | 1,232 | 44.0% |
| 10 AZTEC CT | 2025-11 | $272,500 | 1,232 | 43.4% |
| 28 BAHAMIA DR | 2025-09 | $400,000 | 1,232 | 30.9% |
| 3 TIVOLI ST | 2025-08 | $377,500 | 1,232 | 33.9% |
| 153 FT DE FRANCE AVE | 2025-02 | $319,900 | 1,264 | 5.6% |
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